Great Elm Capital (GECC) Declares $0.05 Special Dividend; 0.6% Yield

Great Elm Capital (NASDAQ: GECC) declared a special dividend of $0.05 per share.

The dividend will be payable on January 27, 2020, to stockholders of record on December 27, 2019, with an ex-dividend date of December 26, 2019.

The annual yield on the dividend is 0.6 percent.

“We are pleased to announce a year-end special distribution for the third consecutive year,” remarked Peter A. Reed, GECC’s Chief Executive Officer. “When combined with our $1.00 annual base distribution, this $0.05 special distribution brings our 2019 total distributions to $1.05, representing a total distribution yield of approximately 11.6% on our 9/30/19 NAV.”

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

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