Great Elm Capital Corp. 8.75% Notes due 2028 (NASDAQ:GECCZ) to Issue Dividend Increase – $0.55 Per Share

Great Elm Capital Corp. 8.75% Notes due 2028 (NASDAQ:GECCZ) announced a dividend on Wednesday, November 13th,NASDAQ Dividends reports. Stockholders of record on Sunday, December 15th will be given a dividend of 0.553 per share on Tuesday, December 31st. The ex-dividend date of this dividend is Friday, December 13th. This is an increase from Great Elm Capital Corp. 8.75% Notes due 2028’s previous dividend of $0.55.

Great Elm Capital Corp. 8.75% Notes due 2028 Price Performance

Shares of NASDAQ GECCZ traded up $0.01 during midday trading on Thursday, reaching $25.51. 181 shares of the company’s stock traded hands, compared to its average volume of 4,609. The stock’s 50 day simple moving average is $25.42 and its 200-day simple moving average is $25.37. Great Elm Capital Corp. 8.75% Notes due 2028 has a one year low of $24.50 and a one year high of $25.80.

Great Elm Capital Corp. 8.75% Notes due 2028 Company Profile

great elm capital corp. (nasdaq: gecc, “gecc”) is an externally managed, specialty finance company focused on investing in the debt instruments of middle market companies. gecc has elected to be regulated as a business development company (“bdc”) under the investment company act of 1940, as amended. gecc is managed by great elm capital management (“gecm”).