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

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

Great Elm Capital Corp. Declares Special Distribution of $0.05 Per Share

December 20, 2019 6:00 AM EST

WALTHAM, Mass., Dec. 20, 2019 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (we, us, our or GECC) (NASDAQ: GECC) today announced that its Board of Directors declared a special distribution of $0.05 per share, which is payable on January 27, 2020 to stockholders of record as of December 27, 2019.

We are pleased to announce a year-end special distribution for the third consecutive year, remarked Peter A. Reed, GECCs 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... More