Great Elm Capital Corp Stock News

PALM BEACH GARDENS, Fla., Dec. 16, 2024 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (the “Company” or “GECC”), (NASDAQ: GECC), a business development company, today is pleased to declare a special cash distribution of $0.05 per common share (the “Special Distribution”). The Special Distribution will be payable on January 15, 2025 to stockholders of record as of December 31, 2024.

Great Elm Capital Corporation has shown significant improvements in net investment income, liquidity, and capital deployment, doubling the previous year's amount. Despite these positive developments, GECC's smaller size and predominantly floating rate portfolio pose risks, especially with declining interest rates. GECC's dividend coverage has strengthened, with a current coverage ratio of 111%,...

PALM BEACH GARDENS, Fla., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (the “Company” or “GECC”), (NASDAQ: GECC), a business development company, announced it issued approximately 1.1 million shares of the Company's common stock at a current net asset value of $12.06 per share, for an aggregate gross purchase price of $13.2 million, to Summit Grove Partners, LLC (“SGP”).

Despite economic uncertainty and high inflation, dividend investing offers steady income, making high-yielding stocks like Barings BDC and Great Elm Capital Corp. attractive. Barings BDC, with a 10.9% yield, has improved credit quality, reduced debt, and boasts strong dividend coverage, making it a solid income choice. Great Elm Capital Corp., yielding 14.1%, has shown bottom-line growth, reduc...

Call Start: 08:30 January 1, 0000 8:44 AM ET Great Elm Capital Corporation (NASDAQ:GECC ) Q3 2024 Earnings Conference Call October 31, 2024 08:30 AM ET Company Participants Matt Kaplan - Chief Executive Officer Keri Davis - Chief Financial Officer Mike Keller - President, Great Elm Specialty Finance Conference Call Participants Operator Ladies and gentlemen good morning and welcome to the Great...

PALM BEACH GARDENS, Fla., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“we,” “our,” the “Company” or “GECC”) (NASDAQ: GECC), a business development company, today announced its financial results for the third quarter ended September 30, 2024.

Conference Call Scheduled for Thursday, October 31, 2024 at 8:30 a.m. ET Conference Call Scheduled for Thursday, October 31, 2024 at 8:30 a.m. ET

Hewlett Packard Enterprise, NewtekOne, Great Elm Capital, and OFS Credit Company have all priced new offerings, including convertible preferred stock and exchange-traded notes, with varying terms and yields. Investors can purchase newly introduced preferred stock at wholesale prices on the OTC, potentially avoiding capital loss if prices drop. CDx3 tracks past preferred stock and ETD offerings,...