Great Elm Capital Corp. 5.875% Notes due 2026 (NASDAQ:GECCO – Get Free Report)’s stock price shot up 0.1% during mid-day trading on Wednesday after the company announced a dividend. The company traded as high as $25.35 and last traded at $25.35. 2,303 shares traded hands during mid-day trading, a decline of 13% from the average session volume of 2,632 shares. The stock had previously closed at $25.32.
The newly announced dividend which will be paid on Monday, March 31st. Shareholders of record on Saturday, March 15th will be given a $0.3672 dividend. The ex-dividend date of this dividend is Friday, March 14th.
Great Elm Capital Corp. 5.875% Notes due 2026 Price Performance
The company’s 50-day moving average is $24.93 and its 200-day moving average is $24.83.
Great Elm Capital Corp. 5.875% Notes due 2026 Company Profile
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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