Shares of Great Elm Capital Corp. 5.875% Notes due 2026 (NASDAQ:GECCO – Get Free Report) were up 0.4% during trading on Wednesday following a dividend announcement from the company. The company traded as high as $25.18 and last traded at $25.11. Approximately 500 shares traded hands during mid-day trading, a decline of 78% from the average daily volume of 2,238 shares. The stock had previously closed at $25.02.
The newly announced dividend which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be issued a dividend of $0.3672 per share. The ex-dividend date of this dividend is Monday, September 15th.
Great Elm Capital Corp. 5.875% Notes due 2026 Stock Performance
The company’s 50 day moving average price is $25.20 and its 200 day moving average price is $25.17.
About Great Elm Capital Corp. 5.875% Notes due 2026
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.
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