Great Elm Group, Inc. 7.25% Notes due 2027 (NASDAQ:GEGGL – Get Free Report)’s stock price was up 1.2% on Tuesday. The stock traded as high as $24.73 and last traded at $24.85. 1,603 shares were traded during trading, a decline of 37% from the average session volume of 2,554 shares. The stock had previously closed at $24.56.
Great Elm Group, Inc. 7.25% Notes due 2027 Trading Up 0.0%
The stock’s 50-day moving average is $24.74 and its 200 day moving average is $24.65.
Great Elm Group, Inc. 7.25% Notes due 2027 Cuts Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 30th. Shareholders of record on Tuesday, June 15th will be given a $0.4481 dividend. This is a negative change from Great Elm Group, Inc. 7.25% Notes due 2027’s previous quarterly dividend of $0.4531. This represents a $1.79 annualized dividend and a yield of 7.3%. The ex-dividend date of this dividend is Tuesday, June 15th.
Great Elm Group, Inc. 7.25% Notes due 2027 Company Profile
Great Elm Group, Inc is a holding company focused on asset management and specialty finance. Through its subsidiaries, the company provides investment management services and pursues opportunities in credit and other alternative investment strategies.
Great Elm Group’s investment management platform includes Great Elm Capital Management, LLC, the investment adviser to Great Elm Capital Corp., a business development company that invests primarily in debt and equity securities of middle-market businesses.
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