Great Elm Capital Corp. 8.75% Notes due 2028 (NASDAQ:GECCZ) Stock Price Up 0.3% After Dividend Announcement

Great Elm Capital Corp. 8.75% Notes due 2028 (NASDAQ:GECCZ)’s share price shot up 0.3% during mid-day trading on Wednesday following a dividend announcement from the company. The stock traded as high as $25.69 and last traded at $25.67. 7,698 shares changed hands during mid-day trading, an increase of 56% from the average session volume of 4,943 shares. The stock had previously closed at $25.60.

The newly announced dividend which will be paid on Monday, September 30th. Investors of record on Sunday, September 15th will be given a dividend of $0.5469 per share. The ex-dividend date is Friday, September 13th. This is an increase from Great Elm Capital Corp. 8.75% Notes due 2028’s previous dividend of $0.54.

Great Elm Capital Corp. 8.75% Notes due 2028 Trading Up 0.3 %

The business has a 50-day moving average price of $25.35 and a two-hundred day moving average price of $25.29.

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”).