Great Elm Capital Corp. 5.875% Notes due 2026 (NASDAQ:GECCO) Stock Price Up 0.1% – Here’s What Happened

Great Elm Capital Corp. 5.875% Notes due 2026 (NASDAQ:GECCO) shot up 0.1% during trading on Friday . The stock traded as high as $25.21 and last traded at $25.13. 4,000 shares traded hands during trading, an increase of 285% from the average session volume of 1,038 shares. The stock had previously closed at $25.10.

Great Elm Capital Corp. 5.875% Notes due 2026 Stock Up 0.1%

The business has a 50 day moving average of $25.10 and a two-hundred day moving average of $25.12.

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

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

Great Elm Capital Corp. 5.875% Notes due 2026 Company Profile

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.