Shares of Great Elm Capital Corp. 5.875% Notes due 2026 (NASDAQ:GECCO – Get Free Report) traded 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 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 issued a dividend of $0.3672 per share. The ex-dividend date is Friday, March 14th.
Great Elm Capital Corp. 5.875% Notes due 2026 Price Performance
The firm’s 50-day moving average price is $24.94 and its two-hundred day moving average price is $24.84.
About Great Elm Capital Corp. 5.875% Notes due 2026
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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