Great Elm Capital Corp. 5.875% Notes due 2026 (NASDAQ:GECCO) Shares Up 0.1% After Dividend Announcement

Great Elm Capital Corp. 5.875% Notes due 2026 (NASDAQ:GECCOGet Free Report)’s share price traded up 0.1% during trading on Wednesday after the company announced a dividend. The stock traded as high as $25.35 and last traded at $25.35. 2,303 shares were traded 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. Investors of record on Saturday, March 15th will be given a dividend of $0.3672 per share. The ex-dividend date of this dividend is Friday, March 14th.

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

The firm has a 50-day moving average of $24.93 and a two-hundred day moving average of $24.83.

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

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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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