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Great Elm Capital increases 1uarterly dividend 5.7% to 37c per share
The Fly

Great Elm Capital increases 1uarterly dividend 5.7% to 37c per share

In addition, the company’s board of directors has approved a quarterly cash distribution of 37c per share for the first quarter of 2025, equating to a 14.5% annualized yield on the company’s closing market price on December 16, 2024 of $10.24. The First Quarter 2025 Distribution will be payable on March 31, 2025 to stockholders of record as of March 17, 2025. “We are very pleased to announce the 5.7% increase to our base quarterly distribution to $0.37 per share from $0.35 per share,” said Matt Kaplan, GECC‘s Chief Executive Officer. “As we look into 2025, we believe our platform is well positioned to continue generating durable long-term income and we are pleased the Board has approved this increase to our base distribution. In addition, we find ourselves in a position to again deliver a special cash distribution to stockholders, attributable to our portfolio’s strong income generation throughout the year.”

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