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-0.000212599262201744 -0.000212599262201744 5.90553506117587E-05 5.90553506117587E-05 0.000425198524403767 0.000425198524403767 0.000425198524403767 0.000622049693109117
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Great Elm Capital Corp. Announces Second Quarter 2017 Financial Results; Net Investment Income of $0.29 Per Share; Board Declares Fourth Quarter Distribution of $0.25 Per Share ($0.083 Per...

GREAT ELM CAPITAL CORP (FULLL)  More Company Research Source: GlobeNewswire
US:NASDAQ Investor Relations: greatelmcc.com/investor-relations
PDF WALTHAM, Mass., Aug. 14, 2017 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“we”, “us”, “our” or “GECC”), (NASDAQ:GECC), today announced its financial results for the quarter ended June 30, 2017 and filed its quarterly report on Form 10-Q with the U.S. Securities and Exchange Commission.  FINANCIAL HIGHLIGHTS Net investment income (“NII”) for the quarter ended June 30, 2017 was approximately $3.5 million, or $0.29 per share, which was in excess of our declared distribution of $0.083 per share per month for the same period (approximately 1.16x distribution coverage).In August, the Board of Directors declared a monthly distribution of $0.083 per share for the fourth quarter of 2017.Net assets on June 30, 2017 were approximately $153.7 million. Net asset value (“NAV”) per share on June 30, 2017 was $13.29, as compared to $13.59 per share on March 31, 2017. The decrease in NAV per share is primarily driven by unrealized, mark-to-market depreciation in our investment portfolio, partiall [Read more]

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