dividend
confidence high
sentiment positive
materiality 0.55
Great Elm Capital Corp. declares $0.05 special distribution and increases quarterly distribution to $0.37 per share
Great Elm Capital Corp.
- Special cash distribution of $0.05 per common share payable Jan 15, 2025 to holders of record Dec 31, 2024.
- First quarter 2025 base distribution increased 5.7% to $0.37 per share (from $0.35), payable Mar 31, 2025 to holders of record Mar 17, 2025.
- Annualized yield of 14.5% based on Dec 16 closing price of $10.24 per share.
- CEO cites portfolio's strong income generation for the special distribution and base increase.