Great Elm Capital Corp. 8.50% NOTES DUE 2029 (NASDAQ:GECCI – Get Free Report)’s share price shot up 0.8% on Tuesday following a dividend announcement from the company. The stock traded as high as $25.46 and last traded at $25.46. 1,000 shares traded hands during mid-day trading, a decline of 31% from the average session volume of 1,452 shares. The stock had previously closed at $25.25.
The newly announced dividend which will be paid on Tuesday, December 31st. Shareholders of record on Sunday, December 15th were issued a $0.5313 dividend. This represents a $2.13 dividend on an annualized basis and a yield of 8.35%. This is an increase from Great Elm Capital Corp. 8.50% NOTES DUE 2029’s previous quarterly dividend of $0.53. The ex-dividend date was Friday, December 13th.
Great Elm Capital Corp. 8.50% NOTES DUE 2029 Stock Performance
The business has a 50-day moving average of $25.21.
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