Great Elm Group, Inc. 7.25% Notes due 2027 (NASDAQ:GEGGL) to Issue Dividend Increase – $0.46 Per Share

Great Elm Group, Inc. 7.25% Notes due 2027 (NASDAQ:GEGGL) declared a quarterly dividend on Sunday, November 15th. Stockholders of record on Tuesday, December 15th will be given a dividend of $0.4582 per share on Thursday, December 31st. This represents a $1.83 annualized dividend and a dividend yield of 7.4%. The ex-dividend date is Tuesday, December 15th. This is a 1.1% increase from Great Elm Group, Inc. 7.25% Notes due 2027’s previous quarterly dividend of $0.4531.

Great Elm Group, Inc. 7.25% Notes due 2027 Price Performance

Shares of GEGGL traded up $0.09 during trading hours on Friday, reaching $24.84. 702 shares of the company’s stock traded hands, compared to its average volume of 2,393. Great Elm Group, Inc. 7.25% Notes due 2027 has a twelve month low of $23.80 and a twelve month high of $26.00. The business’s fifty day simple moving average is $24.70 and its two-hundred day simple moving average is $24.65.

Great Elm Group, Inc. 7.25% Notes due 2027 Company Profile

Great Elm Group, Inc. is an alternative asset management company. Through its investment management subsidiary, Great Elm Capital Management, the company manages investment vehicles focused on areas including credit and middle-market lending. One of its affiliated investment companies is Great Elm Capital Corp., a business development company that provides financing to middle-market businesses. Great Elm Group’s 7.25% Notes due 2027, listed on Nasdaq under the symbol GEGGL, are debt securities issued by the company.