Great Elm Capital Corp. 5.875% Notes due 2026 (GECCO) to Release Earnings on Thursday

Great Elm Capital Corp. 5.875% Notes due 2026 (NASDAQ:GECCO) is expected to be posting its results before the market opens on Thursday, February 26th. Analysts expect Great Elm Capital Corp. 5.875% Notes due 2026 to post earnings of $0.35 per share and revenue of $13.1480 million for the quarter.

Great Elm Capital Corp. 5.875% Notes due 2026 Trading Up 0.4%

Shares of NASDAQ:GECCO traded up $0.11 during midday trading on Friday, reaching $25.19. 1,995 shares of the company’s stock traded hands, compared to its average volume of 1,081. The company has a fifty day simple moving average of $25.08 and a two-hundred day simple moving average of $25.12. Great Elm Capital Corp. 5.875% Notes due 2026 has a 1 year low of $24.80 and a 1 year high of $27.19.

Great Elm Capital Corp. 5.875% Notes due 2026 Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Sunday, March 15th will be issued a dividend of $0.3631 per share. This represents a $1.45 annualized dividend and a yield of 5.8%. The ex-dividend date of this dividend is Friday, March 13th.

About Great Elm Capital Corp. 5.875% Notes due 2026

Great Elm Capital Corp. 5.875% Notes due 2026 (NASDAQ: GECCO) are senior unsecured notes issued by Great Elm Capital Corp., a business development company organized under the Investment Company Act of 1940. The notes carry a fixed interest rate of 5.875% per annum and mature in July 2026, with interest payable quarterly. These securities are listed on the Nasdaq Capital Market and represent a funding instrument used by the issuer to support its lending and investment activities.

Great Elm Capital Corp.