Great Elm Capital (GECC) has announced a forthcoming dividend of $0.37 per share, set to be paid on Jun 30, 2025. This announcement, made on May 5, 2025, reveals a dividend that is significantly higher than the average of the last ten dividends, which stood at $0.144 per share. The dividend type is a cash distribution. Previously,
paid a dividend of $0.37 per share on Mar 31, 2025, also as a cash distribution.
Recently,
has witnessed several noteworthy developments. Over the past week, Richard M.
, a Director at GECC, has made headlines by purchasing 10,000 shares of the company's common stock. This acquisition, reported through SEC filings, reflects Cohen's confidence in the company's prospects. Analysts have suggested that such insider buying could indicate positive future performance for GECC.
Since the last update, Great Elm Capital's stock performance has shown fluctuations. For example, as of late, shares of GECC on NASDAQ traded slightly lower, down $0.01, reaching $11.10 on a recent Wednesday, with a total of 17,738 shares exchanged. Despite this minor dip, the stock has shown resilience, with some reports suggesting a broader positive outlook due to strategic initiatives and market conditions.
In industry-related news, GECC has been highlighted for its strong dividend yield, reported at 13.41%, with $1.49 per share paid over the past year. This robust yield underscores the company's commitment to shareholder returns and its potential for long-term growth. Furthermore, the company's financial stability and strategic engagements remain crucial factors as investors evaluate its market position.
In conclusion, Great Elm Capital continues to present opportunities and challenges to investors, with its upcoming ex-dividend date on Jun 16, 2025, marking the final chance for investors to purchase shares and secure dividend eligibility. Any acquisitions post this date will not qualify for this particular dividend distribution.
Comments
No comments yet