Great Elm Group, Inc. 7.25% Notes due 2027 (NASDAQ:GEGGL) Announces $0.45 Quarterly Dividend

Great Elm Group, Inc. 7.25% Notes due 2027 (NASDAQ:GEGGL) announced a quarterly dividend on Sunday, February 15th. Stockholders of record on Sunday, March 15th will be given a dividend of 0.4531 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date is Friday, March 13th.

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

GEGGL traded up $0.39 during trading on Friday, reaching $24.63. The stock had a trading volume of 943 shares, compared to its average volume of 1,526. The stock’s 50 day moving average is $24.64 and its two-hundred day moving average is $24.48. Great Elm Group, Inc. 7.25% Notes due 2027 has a one year low of $20.84 and a one year high of $25.50.

About Great Elm Group, Inc. 7.25% Notes due 2027

Great Elm Group, Inc is a U.S.-based private equity firm and business consolidator focused on acquiring and growing lower middle-market companies. Through its holding company structure, Great Elm Group invests equity capital alongside management teams in established businesses across diverse industries, including business services, healthcare and wellness, industrial services, and consumer products. The company’s disciplined investment approach emphasizes cash-flow stability, operational improvement, and strategic add-on acquisitions.

In June 2022, Great Elm Group, Inc completed the issuance of its 7.25% Notes due 2027 (NASDAQ: GEGGL), a series of senior unsecured notes that bear interest at a fixed rate payable semiannually and mature in 2027.