2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. The record and payment dates for the distribution are expected to be set in the second quarter, pursuant to authority granted by our Board of Directors. The company increased its dividend 4 times in the past 5 years, and its payout has declined -26.47% over the same time period. Great Elm Capital shareholders who own GECC stock before this date received Great Elm Capital's last dividend payment of $0.45 per share on Dec 30, 2022. According to analysts' consensus price target of $12.00, Great Elm Capital has a forecasted upside of 25.0% from its current price of $9.60. Great Elm Capital Corporation (GECC) dividend growth history: By month or year, chart. If you do not, click Cancel. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The annual dividend for GECC shares is $1.80. Do Not Sell My Personal Information (CA Residents Only). Fwd Payout Ratio is used to examine if a companys earnings can support the current dividend payment amount. How to Decide. One Way to Earn More From Dividend Stocks, Home Depot Stock Earnings Slide, Long Term Value Still There, AbbVie Stock Still a Solid Buy Despite Challenges. It divides the Forward Annualized Dividend by FY1. * Dividend.com does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. Great Elm Capital has a P/B Ratio of 0.58. Learn more on GECC's annual dividend history. All Rights Reserved. Because of the possibility of human or mechanical error by Mergent's sources, Mergent or others, Mergent does not guarantee the accuracy, adequacy, completeness, timeliness or availability or for the results obtained from the use of such information. Great Elm Capital does not have a long track record of dividend growth. See Best Monthly Dividend Stocks Model Portfolio for our top monthly income ideas. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. The ratio of debt to operating expenses for GREAT ELM CAPITAL CORP is higher than it is for about 97.8% of US stocks. The company seeks to generate current income and capital appreciation through debt and equity investments and invests primarily in senior secured and senior unsecured debt instruments, as well as in junior loans and mezzanine debt of middle-market companies and small businesses. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. When is Great Elm Capital's ex-dividend date? Great Elm Capital Corp. When is Great Elm Capital's next earnings date? Great Elm Capital's most recent ex-dividend date was Wednesday, December 14, 2022. Press Releases. Based on aggregate information from My MarketBeat watchlists, some companies that other Great Elm Capital investors own include Energy Transfer (ET), Oxford Lane Capital (OXLC), Capitala Finance (CPTA), Prospect Capital (PSEC), Cornerstone Strategic Value Fund (CLM), AGNC Investment (AGNC), Cherry Hill Mortgage Investment (CHMI), Cornerstone Total Return Fund (CRF), New Residential Investment (NRZ) and AT&T (t). NASDAQ data is at least 15 minutes delayed. GECC's dividend payout ratio is -28.6%, which is not sustainable. Type a symbol or company name. contact@marketbeat.com The financial services provider had revenue of $7.37 million for the quarter, compared to the consensus estimate of $6.62 million. What is Great Elm Capital's Ex-Dividend Date? This includes personalizing content and advertising. In-depth profiles and analysis for 20,000 public companies. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. Please log in to your account or sign up in order to add this asset to your watchlist. GECC currently pays investors $1.80 per share, or 18.63%, on an annual basis. View GECC analyst ratings or view top-rated stocks. Announces First Quarter 2022 Financial Results, Great Elm Capital Corp. (GECC) Schedules First Quarter 2022 Earnings Release and Conference Call, Great Elm acquires management agreements for Monomoy Properties REIT, forays into private REIT industry, view top-rated stocks among Wall Street analysts, 800 SOUTH STREET SUITE 230, WALTHAM MA, 02453. 11.80% of the stock of Great Elm Capital is held by insiders. ZacksTrade and Zacks.com are separate companies. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. How much money does Great Elm Capital make? We may use it to: To learn more about how we handle and protect your data, visit our privacy center. 0.8x p/book (sector 1.0x). The dividend is paid every three months and the last ex-dividend date was Dec 14, 2022. Dividend Yield 20.15% Annual Dividend $1.95 Ex-Dividend Date Dec 14, 2022 Payout Frequency Quarterly Payout Ratio -28.60% Dividend Growth -18.75% Forward yield 17.2% Payable March 30; for shareholders of rec. Create your Watchlist to save your favorite quotes on Nasdaq.com. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings. This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. Step 1: Buy GECC shares 1 day before the ex-dividend date, Step 2: SEll GECC shares when price recovers. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. (844) 978-6257. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Nov 03,2022 - DIVIDEND ANNOUNCEMENT: Great Elm Capital Corp (NASDAQ: GECC) on 11-03-2022 declared a dividend of $0.4500 per share. Sign-up to receive the latest news and ratings for Great Elm Capital and its competitors with MarketBeat's FREE daily newsletter. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. View the latest Great Elm Capital Corp. (GECC) stock price, news, historical charts, analyst ratings and financial information from WSJ. We also respect individual opinionsthey represent the unvarnished thinking of our people and exacting analysis of our research processes. Great Elm Capital is an externally-managed business development company that invests in the debt instruments of middle-market companies. Great Elm Capital started at outperform with $14 stock price target at Oppenheimer. In-depth profiles and analysis for 20,000 public companies. Great Elm Capital's most recent quarterly dividend payment of $0.45 per share was made to shareholders on Friday, December 30, 2022. * Dividend amounts are adjusted for stock splits when applicable. Great Elm Capital (NASDAQ:GECC) has a market capitalization of $44.16 million and generates $25.25 million in revenue each year. *Your capital is at risk. In the past three months, Great Elm Capital insiders have not sold or bought any company stock. No, GECC's past year earnings per share was -$7.33, and their annual dividend per share is $1.95. A A quarterly cash dividend. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Compare Top Brokerages Here. Terms of Service apply. If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank, Industry: Financial - Investment Management. A vertical stack of three evenly spaced horizontal lines. Great Elm Capital Corp. Verify your identity, personalize the content you receive, or create and administer your account. . 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Great Elm Capital in the last twelve months. It pays a dividend yield of 19.08%, putting its dividend yield in the top 25% of dividend-paying stocks. Nov. 03, 2022 DIVIDEND ANNOUNCEMENT: Great Elm Capital Corp (NASDAQ: GECC) on 11-03-2022 declared a dividend of $0.4500 per share Read more. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. Information is provided as is and solely for informational purposes, not for trading purposes or advice, and is delayed. Read our dividend analysis for GECC. See what's happening in the market right now with MarketBeat's real-time news feed. Great Elm Capital is a leading dividend payer. Copy and paste multiple symbols separated by spaces. All rights reserved. Shareholders of record on Wednesday, March 15th will be given a dividend of $0.35 per share on Friday, March 31st. Is Great Elm Capital a good dividend stock? An investor that had 100 shares of stock prior to the reverse split would have 17 shares after the split. Develop and improve features of our offerings. Great Elm Capital (GECC) last ex-dividend date was on Dec 14, 2022. Read our editorial policy to learn more about our process. distribution for the quarter ending June 30, 2022. Wed like to share more about how we work and what drives our day-to-day business. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. When did Great Elm Capital last increase or decrease its dividend? Yes, GECC's' dividend has been growing over the last 10 years. Export data to Excel for your own analysis. Zacks Ranks stocks can, and often do, change throughout the month. Learn more on GECC's dividend yield history. Browse our guide to find the best dividend stocks. Ratings analysis incomplete due to data availability. These symbols will be available throughout the site during your session. How we use your information depends on the product and service that you use and your relationship with us. GECC Stock Summary Of note is the ratio of GREAT ELM CAPITAL CORP's sales and general administrative expense to its total operating expenses; just 12.1% of US stocks have a lower such ratio. Get short term trading ideas from the MarketBeat Idea Engine. Track recent dividend declarations and get ready for upcoming payouts. GECC Sales Forecast. NYSE and AMEX data is at least 20 minutes delayed. What is Great Elm Capital's stock price today? Adam Yates - Portfolio Manager. See Best Dividend Protection Stocks Model Portfolio for our top retirement income ideas. We like that. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Top institutional shareholders include Virtu Financial LLC (0.34%) and Concourse Financial Group Securities Inc. (0.00%). MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Annualized, the distribution equates to an 11.9% dividend yield on the closing market price on March 3, 2022 of $15.9 and a 10.8% dividend yield on our pro forma NAV of $16.63 per share. Snowflake Reports Weak Guidance: Is the Growth Snowflake Melting? The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. Historical Dividend Data powered by DividendInvestor.com. Get the best dividend capture stocks for March. The most recent change in the company's dividend was a decrease of $0.10 on Thursday, March 2, 2023. Reproduction of such information in any form is prohibited. 2020  Market data provided is at least 15-minutes delayed and hosted by Barchart Solutions. See what's happening in the market right now with MarketBeat's real-time news feed. Recommendations not provided. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. Losses were -$15.58 million, 51.7% more than in 2021. Get the latest Great Elm Capital Corp (GECC) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. See Best Financial Dividend Stocks Model Portfolio for our top income & growth blend ideas in Financial. Compared to other US stocks that pay a dividend, Great Elm Capital Corp's dividend yield of 15.95% is in the top 0.519999999999996%. Zacks Rank Education -- Learn more about the Zacks Rank Exclusive recommendations from award-winning analyst who beat the market for 15 years. On average, they predict the company's stock price to reach $12.00 in the next twelve months. 7:58 PM ET. More Great Elm Capital Corp Dividend News Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Dividend payout record can be used to gauge the company's long-term performance when analyzing individual stocks. These returns cover a period from January 1, 1988 through January 2, 2023. The annual dividend for GECC shares is $1.80. Our daily ratings and market update email newsletter. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. Great Elm Capital has received a consensus rating of Hold. The Dividend History page provides a single page to review all of the aggregated Dividend payment information. Shares of GECC stock can be purchased through any online brokerage account. Please note that the dividend history might include thecompanys preferred securities as well. Our picks from the +200 dividend stocks paying a monthly dividend. 41.94% of the stock of Great Elm Capital is held by institutions. Q Does Great Elm Capital (GECC) pay a dividend? What other stocks do shareholders of Great Elm Capital own? A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Great Elm Capital's next quarterly dividend payment of $0.35 per share will be made to shareholders on Friday, March 31, 2023. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. GECC Dividend Information GECC has a dividend yield of 20.15% and paid $1.95 per share in the past year. The word "Insider". ET by Tomi Kilgore. Who are Great Elm Capital's major shareholders? Become a Premium Member to stick up to 3 rows and access more exclusive benefits. To learn more, click here. Matt Kaplan - President and CEO. Consecutive Years of Dividend Increase is the number of years in a row in which there has been at least one payout increase and no payout decreases. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. Click to see Great Elm Capital Corp Dividend Data, Dates and more financial information, or here to see GECC Projected 10 Year Dividend Yield. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Is this happening to you frequently? Step 1: Buy GECC shares 1 day before the ex-dividend date purchase date (estimate) Mar 29, 2023 Upcoming Ex-dividend date Mar 30, 2023 Step 2: SEll GECC shares when price recovers sell date (estimate) Apr 20, 2023 Avg Price Recovery Great Elm Capital has received no research coverage in the past 90 days. Zacks Style Scores Education - Learn more about the Zacks Style Scores. Other News. See Best High Dividend Stocks Model Portfolio for our top maximize income ideas. Great Elm Capital shares reverse split on the morning of Monday, February 28th 2022. We provide opinion articles, detailed dividend data, history, and dates for every dividend stock, screening tools, and our exclusive dividend all star rankings. All information is provided without warranty of any kind. View which stocks are hot on social media with MarketBeat's trending stocks report. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. Announces Launch of Non-Transferable Rights Offering. The monthly returns are then compounded to arrive at the annual return. Zscaler, Inc Plummets, Is It Time To Buy The Dip? This trading strategy invovles purchasing a stock just before the ex-dividend date in order to collect the dividend and then selling after the stock price has recovered. The previous quarter's sales results were $7.20M. Learn from industry thought leaders and expert market participants. Learn more about dividend stocks, including information about important dividend dates, the advantages of dividend stocks, dividend yield, and much more in our financial education center. Real-time analyst ratings, insider transactions, earnings data, and more. Dividend history includes: Declare date, ex-div, record, pay, frequency, amount. Real-time analyst ratings, insider transactions, earnings data, and more. Monthly payments from quarterly dividends . The financial services provider can be reached via phone at (617) 375-3006 or via email at investorrelations@greatelmcap.com. About GECC's dividend: Number of times Great Elm Capital Corp. has decreased the dividend in the last 3 years: 1; The number of times stock has increased the dividend in the last 3 years: 2; The trailing 12 month dividend yield for GECC is: 22.7% Fixed income news, reports, video and more. Please log in to your account or sign up in order to add this asset to your watchlist. GECC 's annual dividend yield is 20.67%. Great Elm Capital had a negative trailing twelve-month return on equity of 16.59% and a negative net margin of 129.91%. How much is Great Elm Capital's dividend? GlobeNewswire.