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Stock impact report

Great Elm Capital Corp. Announces Second Quarter 2018 Financial Results; Net Investment Income of $0.57 Per Share; Board Declares Fourth Quarter 2018 Distribution of $0.25 Per Share ($0.08...

Great Elm Capital Corp. - Closed End Fund (GECC) 
Last great elm capital corp. - closed end fund earnings: 11/14 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: greatelmcc.com/investor-relations
Company Research Source: GlobeNewswire
WALTHAM, Mass., Aug. 10, 2018 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“we,” “us,” “our” or “GECC”), (NASDAQ: GECC), today announced its financial results for the quarter ended June 30, 2018 and filed its quarterly report on Form 10-Q with the U.S. Securities and Exchange Commission (“SEC”). FINANCIAL HIGHLIGHTS(1) Net investment income (“NII”) for the quarter ended June 30, 2018 was approximately $6.1 million, or $0.57 per share, which was in excess of our declared monthly base distribution of $0.083 per share (or approximately $0.25 per share for the quarter) for the same period and equated to a nearly 2.3x base distribution coverage. On August 8, 2018, the Board of Directors (the “Board”) declared monthly distributions of $0.083 per share for the fourth quarter of 2018, representing a yield of approximately 8.4% of June 30, 2018 net asset value (“NAV”). Net assets on June 30, 2018 were approximately $125.6 million. NAV per share on June 30, 2018 was $11.79, as compared Show less Read more
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