Great Elm Group, Inc. 7.25% Notes due 2027 (NASDAQ:GEGGL) Shares Up 0.4% Following Dividend Announcement

Great Elm Group, Inc. 7.25% Notes due 2027 (NASDAQ:GEGGLGet Free Report) was up 0.4% on Wednesday following a dividend announcement from the company. The stock traded as high as $23.46 and last traded at $23.46. Approximately 1,400 shares traded hands during mid-day trading, a decline of 47% from the average daily volume of 2,636 shares. The stock had previously closed at $23.36.

The newly announced dividend which will be paid on Monday, June 30th. Investors of record on Sunday, June 15th will be given a dividend of $0.4481 per share. The ex-dividend date of this dividend is Friday, June 13th.

Great Elm Group, Inc. 7.25% Notes due 2027 Trading Up 0.4%

The business’s fifty day simple moving average is $23.32 and its 200 day simple moving average is $23.76.

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

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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”).

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