Great Elm Capital Corp. – 6.75% (NASDAQ:GECCM) Raises Dividend to $0.43 Per Share

Great Elm Capital Corp. – 6.75% (NASDAQ:GECCM) declared a quarterly dividend on Tuesday, September 10th, Wall Street Journal reports. Investors of record on Sunday, September 15th will be given a dividend of 0.4266 per share on Monday, September 30th. This represents a $1.71 annualized dividend and a yield of 6.72%. The ex-dividend date of this dividend is Friday, September 13th. This is an increase from Great Elm Capital Corp. – 6.75%’s previous quarterly dividend of $0.42.

Great Elm Capital Corp. – 6.75% Stock Up 0.2 %

Shares of Great Elm Capital Corp. – 6.75% stock opened at $25.39 on Wednesday. The firm’s 50-day moving average price is $25.18 and its two-hundred day moving average price is $25.13. Great Elm Capital Corp. – 6.75% has a 1-year low of $24.54 and a 1-year high of $26.52.

Great Elm Capital Corp. – 6.75% Company Profile

Great Elm Capital Corp. is an externally managed, specialty finance company focused on investing in debt instruments of middle market companies. GECC elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. GECC seeks to generate attractive, risk-adjusted returns through both current income and capital appreciation.