Company Name: Great Elm Capital Corp.
Stock Symbol: GECC
Industry: Business Development Company (BDC)
Sector: Financial Services
Employees: Approximately 25
Company Summary:
Great Elm Capital Corp. (GECC) is a publicly traded Business Development Company (BDC) that provides customized financing solutions to middle-market companies primarily in the United States. The company’s investment objective is to generate both current income and capital appreciation through its diversified portfolio of debt and equity investments.
GECC’s investment portfolio primarily consists of secured and unsecured debt instruments, including first lien and second lien loans, as well as subordinated loans. Additionally, the company invests in equity securities to a lesser extent. GECC targets companies across various industries, such as healthcare, manufacturing, and technology, aiming to create a balanced and resilient portfolio.
Managed by Great Elm Capital Management, Inc., GECC leverages the extensive experience and industry expertise of its management team. The company employs a disciplined investment process that includes thorough due diligence, rigorous credit analysis, and active portfolio management. This approach ensures the quality and performance of GECC’s investments while managing risk effectively.
Why GECC is a Good Dividend Investment:
Great Elm Capital Corp. is an attractive option for income-focused investors due to its high dividend yield, supported by a well-managed and diversified portfolio of middle-market debt and equity investments. As a BDC, GECC is required to distribute at least 90% of its taxable income to shareholders, ensuring regular and substantial dividend payouts.
GECC’s focus on high-quality debt investments and its disciplined approach to credit and risk management provide a solid foundation for generating stable income. The company’s experienced management team and strategic investment approach further enhance its ability to deliver consistent returns. Additionally, the diversified nature of GECC’s portfolio across various industries helps to reduce potential risks associated with any single sector.
Despite the inherent risks in middle-market lending, GECC’s strategic investment approach, commitment to credit quality, and experienced management team make it a compelling choice for investors seeking reliable and attractive dividend income.
URLs:
Great Elm Capital Corp. Website
Great Elm Capital Corp. LinkedIn
Summary:
Great Elm Capital Corp. operates as a Business Development Company focusing on debt and equity investments in middle-market companies. With a portfolio actively managed to balance income generation and risk, GECC aims to provide attractive risk-adjusted returns through its diversified investment strategy. As a high dividend-yield investment, GECC is appealing for income-focused investors, owing to its obligation to distribute a majority of its earnings and its strategic risk management practices. This makes it a compelling choice in the dividend investment landscape.
Reminder: past performance is not indicative of how an investment will perform in the future, before making any investment decisions based on this information, and/or the information contained on the website, refer to the TERMS OF SERVICES.
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*Fly High Investing uses a proprietary projection algorithm that more accurately predicts dividend coverage vs common analyst sentiment. The 12 month projection is based on the most recent data and quarter