Great Elm Capital Corp. 5.875% Notes due 2026 (NASDAQ:GECCO) Shares Down 0% – Time to Sell?

Great Elm Capital Corp. 5.875% Notes due 2026 (NASDAQ:GECCO) was down 0% during trading on Thursday . The company traded as low as $25.23 and last traded at $25.0650. Approximately 135 shares were traded during trading, a decline of 78% from the average daily volume of 605 shares. The stock had previously closed at $25.07.

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

The company’s 50-day moving average price is $25.14 and its two-hundred day moving average price is $25.12.

Great Elm Capital Corp. 5.875% Notes due 2026 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 dividend of $0.3631 per share. The ex-dividend date is Friday, March 13th. This represents a $1.45 annualized dividend and a yield of 5.8%.

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.