Great Elm Capital Corp. 5.875% Notes due 2026 (NASDAQ:GECCO) Trading Up 0.1% – Here’s Why

Great Elm Capital Corp. 5.875% Notes due 2026 (NASDAQ:GECCOGet Free Report)’s share price was up 0.1% on Wednesday . The stock traded as high as $25.11 and last traded at $25.06. Approximately 1,700 shares traded hands during trading, an increase of 37% from the average daily volume of 1,244 shares. The stock had previously closed at $25.04.

Great Elm Capital Corp. 5.875% Notes due 2026 Stock Performance

The firm’s 50 day moving average is $25.12 and its two-hundred day moving average is $25.12.

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

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Sunday, March 15th were paid a dividend of $0.3631 per share. The ex-dividend date of this dividend was Friday, March 13th. This represents a $1.45 annualized dividend and a yield of 5.8%.

About Great Elm Capital Corp. 5.875% Notes due 2026

(Get Free Report)

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.

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