Great Elm Capital (GECC)

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Great Elm Capital Corp. ("GECC") Schedules Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
Newsfilter· 2025-03-04 13:30
Group 1 - Great Elm Capital Corp. (GECC) will release its financial results for Q4 and the full year ended December 31, 2024 on March 10, 2025, after market close [1] - A conference call to discuss these results is scheduled for March 11, 2025, at 8:30 a.m. ET [2] - Participants can access the call by dialing in five minutes before the start time and providing the passcode "GECC" [3] Group 2 - The call and presentation will be available via webcast on GECC's website [4] - GECC is an externally managed business development company focused on generating current income and capital appreciation through investments in debt and income-generating equity securities [5]
Great Elm Capital Corp. (“GECC”) Schedules Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
Globenewswire· 2025-03-04 13:30
Core Points - Great Elm Capital Corp. (GECC) will release its financial results for Q4 and the full year ended December 31, 2024, after market close on March 10, 2025 [1] - A conference call to discuss these results is scheduled for March 11, 2025, at 8:30 a.m. ET [2] - The call will be accessible via dial-in numbers for both the United States and international participants, with a passcode required for access [2] - An accompanying slide presentation will be available on GECC's website after the earnings release [2][3] - GECC is an externally managed business development company focused on generating current income and capital appreciation through investments in debt and income-generating equity securities [4]
Great Elm Capital Corp. ("GECC") Declares $0.05 Per Common Share Special Cash Distribution and Approves First Quarter 2025 Distribution of $0.37 Per Common Share
Newsfilter· 2024-12-16 21:16
Distribution Announcements - Great Elm Capital Corp. declared a special cash distribution of $0.05 per common share, payable on January 15, 2025, to stockholders of record as of December 31, 2024 [1] - The Board of Directors approved a quarterly cash distribution of $0.37 per share for the first quarter of 2025, equating to a 14.5% annualized yield based on the closing market price of $10.24 on December 16, 2024, payable on March 31, 2025, to stockholders of record as of March 17, 2025 [2] Financial Performance - The base quarterly distribution increased by 5.7% from $0.35 per share to $0.37 per share, reflecting the company's strong income generation throughout the year [3] Company Overview - Great Elm Capital Corp. is an externally managed business development company focused on generating current income and capital appreciation through investments in debt and income-generating equity securities, including specialty finance businesses and CLOs [4]
Great Elm Capital Corp. (“GECC”) Declares $0.05 Per Common Share Special Cash Distribution and Approves First Quarter 2025 Distribution of $0.37 Per Common Share
Globenewswire· 2024-12-16 21:16
Core Points - Great Elm Capital Corp. (GECC) has declared a special cash distribution of $0.05 per common share, payable on January 15, 2025, to stockholders of record as of December 31, 2024 [1] - The Board of Directors has approved a quarterly cash distribution of $0.37 per share for the first quarter of 2025, representing a 14.5% annualized yield based on the closing market price of $10.24 on December 16, 2024 [2] - The base quarterly distribution has increased by 5.7% from $0.35 to $0.37 per share, reflecting the company's strong income generation throughout the year [3] Company Overview - Great Elm Capital Corp. is an externally managed business development company focused on generating current income and capital appreciation through investments in debt and income-generating equity securities, including specialty finance businesses and CLOs [4]
Great Elm Capital: Improving 13% Yield, But Is It Enough?
Seeking Alpha· 2024-12-13 13:30
Group 1 - Business Development Companies (BDCs) have experienced strong performance over the past 2.5 years due to favorable conditions from higher interest rates [1] - Recent interest rate cuts of 75 basis points and an additional 25 basis points may impact the future performance of BDCs [1] Group 2 - iREIT® offers comprehensive research on various investment vehicles including REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, Builders, and Asset Managers [2] - The iREIT® Tracker provides data on over 250 tickers, including quality scores, buy targets, and trim targets [2] - A new Ratings Tracker called iREIT Buy Zone has been introduced to assist members in screening for value [2]
Great Elm Capital Corp. (“GECC”) Raises $13.2 Million of Equity at Net Asset Value
GlobeNewswire News Room· 2024-12-12 13:30
Group 1 - Great Elm Capital Corp. (GECC) issued approximately 1.1 million shares at a net asset value of $12.06 per share, raising a total of $13.2 million from Summit Grove Partners, LLC [1] - Great Elm Group, Inc. (GEG) invested $3.3 million in SGP, aligning the investment manager's interests with those of shareholders [2] - GECC has raised nearly $50 million of equity at net asset value year-to-date, nearly doubling its gross net asset value since management and board refresh in March 2022 [3] Group 2 - GECC is an externally managed business development company focused on generating current income and capital appreciation through investments in debt and income-generating equity securities [4]
Great Elm Capital (GECC) Q3 Earnings and Revenues Surpass Estimates
ZACKS· 2024-10-31 12:11
Great Elm Capital (GECC) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.40 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.41%. A quarter ago, it was expected that this company would post earnings of $0.33 per share when it actually produced earnings of $0.32, delivering a surprise of -3.03%.Over the last four quarters, the company ...
Great Elm Capital (GECC) - 2024 Q3 - Quarterly Report
2024-10-31 10:22
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 814-01211 Great Elm Capital Corp. (Exact name of registrant as specified in its charter) Maryland 81-2621577 (State or other jurisdiction of incorporation or organ ...
New Preferred Stock And Exchange Traded Debt IPOs, September 2024
Seeking Alpha· 2024-10-02 12:27
Hewlett Packard Enterprise Company ( HPE ) priced an offering of $1.35 billion worth of new series C mandatory convertible preferred stock, at $50 per share. The shares will convert to common stock in September 2027, at a conversion ratio of between 2.5352 Whether you are the kind of investor who sticks with preferred stocks with a CDx3 Compliance Score rated 10 out of 10, or whether your portfolio has room for 9-score-and-lower securities, stay tuned for future articles recapping new IPOs and interesting p ...
Great Elm Capital Corp. Announces Conditional Redemption of 6.75% Notes due 2025
GlobeNewswire News Room· 2024-09-12 21:00
PALM BEACH GARDENS, Fla., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (the "Company" or "GECC") (NASDAQ: GECC) announced today that it has caused notices to be issued to the holders of its 6.75% Notes due 2025 (CUSIP No. 390320 406; NASDAQ: GECCM) (the "Notes") regarding the Company's exercise of its conditional option to redeem, in whole, the issued and outstanding Notes, pursuant to Section 1104 of the Indenture, dated as of September 18, 2017, by and between the Company and Equiniti Trust ...