GREAT ELM CAP C (NASDAQ:GECC) declared a monthly dividend on Tuesday, May 16th, Wall Street Journal reports. Stockholders of record on Friday, September 29th will be given a dividend of 0.083 per share by the financial services provider on Monday, October 16th. This represents a $1.00 annualized dividend and a dividend yield of 9.41%. The ex-dividend date of this dividend is Thursday, September 28th.

GREAT ELM CAP C (NASDAQ GECC) traded up 0.09% during midday trading on Friday, hitting $10.58. The stock had a trading volume of 11,376 shares. GREAT ELM CAP C has a 52-week low of $10.55 and a 52-week high of $11.82. The firm has a 50-day moving average of $10.83 and a 200 day moving average of $10.83.

GREAT ELM CAP C (NASDAQ:GECC) last issued its quarterly earnings data on Monday, August 14th. The financial services provider reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.09. The firm had revenue of $6.24 million during the quarter, compared to analyst estimates of $5.20 million.

Several analysts recently issued reports on the stock. CIBC assumed coverage on shares of GREAT ELM CAP C in a research note on Wednesday, June 28th. They set an “outperform” rating and a $14.00 price objective for the company. Zacks Investment Research raised shares of GREAT ELM CAP C from a “hold” rating to a “buy” rating and set a $12.00 price objective for the company in a research note on Wednesday, September 13th. Finally, Oppenheimer Holdings, Inc. assumed coverage on shares of GREAT ELM CAP C in a research note on Wednesday, June 28th. They set an “outperform” rating and a $14.00 price objective for the company.

ILLEGAL ACTIVITY WARNING: “GREAT ELM CAP C (GECC) Plans $0.08 Monthly Dividend” was posted by Daily Political and is the sole property of of Daily Political. If you are accessing this report on another website, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The legal version of this report can be accessed at https://www.dailypolitical.com/2017/09/23/great-elm-cap-c-gecc-plans-0-08-monthly-dividend.html.

In other GREAT ELM CAP C news, major shareholder Mast Capital Management, Llc sold 12,761 shares of the business’s stock in a transaction dated Friday, September 15th. The shares were sold at an average price of $10.78, for a total value of $137,563.58. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders sold a total of 73,037 shares of company stock worth $779,671 over the last quarter.

Dividend History for GREAT ELM CAP C (NASDAQ:GECC)

Receive News & Ratings for GREAT ELM CAP C Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GREAT ELM CAP C and related companies with MarketBeat.com's FREE daily email newsletter.