Great Elm Capital (GECC) Declares $0.24 Special Distribution; 3.1% Yield

Great Elm Capital (NASDAQ: GECC) declared a special distribution of $0.24 per share.

The dividend will be payable on January 30, 2019, to stockholders of record on December 28, 2018, with an ex-dividend date of December 27, 2018.

The annual yield on the dividend is 3.1 percent.

“As our net investment income has consistently met or exceeded our base distribution in 2018, we are pleased to announce a year-end special distribution to our stockholders of $0.24 per share,” remarked Peter A. Reed, President and Chief Executive Officer of GECC. “In addition to this special distribution, we have declared approximately $1.00 per share in base distributions in 2018, bringing our full year distribution to approximately $1.24 per share, representing a total distribution yield of 10.3% on our 9/30/2018 NAV.”

For a dividend history and other dividend-related data on Great Elm Capital (GECC) click here.

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