Great Elm Capital Corp. 5.875% Notes due 2026 (NASDAQ:GECCO) Trading 0.2% Higher – Here’s What Happened

Shares of Great Elm Capital Corp. 5.875% Notes due 2026 (NASDAQ:GECCO) traded up 0.2% during trading on Friday . The stock traded as high as $25.05 and last traded at $25.10. 122 shares changed hands during trading, a decline of 94% from the average session volume of 2,097 shares. The stock had previously closed at $25.05.

Great Elm Capital Corp. 5.875% Notes due 2026 Trading Up 0.2%

The company’s 50-day moving average price is $25.11 and its 200 day moving average price is $25.16.

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

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Sunday, March 15th will be given a dividend of $0.3631 per share. This represents a $1.45 annualized dividend and a dividend 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. 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.