Great Elm Capital Corp. 8.50% NOTES DUE 2029 (NASDAQ:GECCI) Shares Up 0.1% – Here’s Why

Great Elm Capital Corp. 8.50% NOTES DUE 2029 (NASDAQ:GECCIGet Free Report) was up 0.1% during mid-day trading on Friday . The stock traded as high as $25.37 and last traded at $25.32. Approximately 701 shares traded hands during mid-day trading, a decline of 65% from the average daily volume of 2,018 shares. The stock had previously closed at $25.30.

Great Elm Capital Corp. 8.50% NOTES DUE 2029 Trading Up 0.1%

The business’s fifty day moving average price is $25.40 and its 200-day moving average price is $25.32.

Great Elm Capital Corp. 8.50% NOTES DUE 2029 Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Sunday, March 15th will be paid a $0.5313 dividend. The ex-dividend date is Friday, March 13th. This represents a $2.13 annualized dividend and a yield of 8.4%.

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