Great Elm Capital Corp. 7.75% Notes Due 2030 (GECCG) cut its quarterly dividend to $0.479 per share from $0.4844 — a -1.1% change — effective with the ex-dividend date of 2029-06-15.
For the latest payment, the record date is 2029-06-15 and payment is scheduled for 2029-06-30.
At the last price of $25.01, the quarterly rate annualizes to $1.92 per share — a dividend yield of about 7.66%.
The company shows 4 full calendar year(s) of payment history in our data.
Dividend growth (annual totals, split-adjusted): +0.0% over 1 year, +48.5% over 3 years annualized.
The payout ratio — the share of earnings paid out as dividends — stands near -61%.
GECCG currently scores 49/100 on our DividendRank, which weighs yield, payout coverage, profitability, valuation and payment reliability across our covered universe (methodology on the site).
Among Asset Management dividend payers we cover, current yields include: SOR (5.34%), CGI.TO (2.41%), GAIN (5.87%).
A dividend reduction is a material change worth examining alongside the company's earnings and payout coverage.
Special and one-time payments are excluded from this comparison; the figures reflect the regular dividend only. Figures are drawn from our structured dividend and pricing dataset as of publication and may change with later data. This note is informational research, not advice.