Great Elm Capital Corp. 5.875% Notes due 2026 (NASDAQ:GECCO) Shares Up 0.1% – Still a Buy?

Great Elm Capital Corp. 5.875% Notes due 2026 (NASDAQ:GECCO)’s stock price rose 0.1% on Friday . The stock traded as high as $25.21 and last traded at $25.13. Approximately 4,000 shares were traded during trading, an increase of 285% from the average daily volume of 1,038 shares. The stock had previously closed at $25.10.

Great Elm Capital Corp. 5.875% Notes due 2026 Trading Up 0.1%

The firm’s 50 day moving average is $25.10 and its 200 day moving average is $25.12.

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

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Sunday, March 15th will be issued a dividend of $0.3631 per share. This represents a $1.45 annualized dividend and a dividend yield of 5.8%. The ex-dividend date of this dividend is Friday, March 13th.

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

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.