Great Elm Group, Inc. 7.25% Notes due 2027 (NASDAQ:GEGGL) Raises Dividend to $0.45 Per Share

Great Elm Group, Inc. 7.25% Notes due 2027 (NASDAQ:GEGGL) declared a quarterly dividend on Monday, December 9th,Wall Street Journal reports. Stockholders of record on Sunday, December 15th will be paid a dividend of 0.4531 per share on Tuesday, December 31st. This represents a $1.81 dividend on an annualized basis and a dividend yield of 7.50%. The ex-dividend date is Friday, December 13th. This is a boost from Great Elm Group, Inc. 7.25% Notes due 2027’s previous quarterly dividend of $0.45.

Great Elm Group, Inc. 7.25% Notes due 2027 Stock Down 1.2 %

NASDAQ:GEGGL opened at $24.16 on Wednesday. The business’s 50-day moving average price is $24.12 and its 200 day moving average price is $23.40. Great Elm Group, Inc. 7.25% Notes due 2027 has a 52-week low of $20.65 and a 52-week high of $25.50.

About Great Elm Group, Inc. 7.25% Notes due 2027

the great elm capital management (“gecm”) investment team has deep experience investing in leveraged middle market companies. the gecm team has deployed more than $17 billion into credit investments in more than 550 issuers across 20+ jurisdictions over its 14-year history under mast capital management, llc (“mast”).