Great Elm Capital Corp. 8.75% Notes due 2028 (NASDAQ:GECCZ) Plans Quarterly Dividend of $0.55

Great Elm Capital Corp. 8.75% Notes due 2028 (NASDAQ:GECCZ) announced a quarterly dividend on Tuesday, March 11th, Wall Street Journal reports. Shareholders of record on Saturday, March 15th will be given a dividend of 0.5469 per share on Monday, March 31st. This represents a $2.19 dividend on an annualized basis and a dividend yield of 8.60%. The ex-dividend date is Friday, March 14th. This is a 1.1% increase from Great Elm Capital Corp. 8.75% Notes due 2028’s previous quarterly dividend of $0.54.

Great Elm Capital Corp. 8.75% Notes due 2028 Trading Down 0.4 %

Shares of NASDAQ:GECCZ opened at $25.44 on Wednesday. The stock has a 50 day moving average of $25.31 and a 200 day moving average of $25.39. Great Elm Capital Corp. 8.75% Notes due 2028 has a 12-month low of $24.99 and a 12-month high of $25.80.

About Great Elm Capital Corp. 8.75% Notes due 2028

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”).