Great Elm Capital Dividend
Dividend criteria checks 4/6
Great Elm Capital is a dividend paying company with a current yield of 13.5% that is well covered by earnings.
Key information
13.5%
Dividend yield
42%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$2.68 |
| Dividend yield forecast in 3Y | 13.5% |
Recent dividend updates
Recent updates
Great Elm Capital goes ex-dividend tomorrow
Sep 13Great Elm Capital NII of $0.23 beats by $0.02, Total investment income of $5.51M misses by $0.35M
Aug 04Great Elm Capital announces debt raise
Jun 16Great Elm Capital signs up to $25M in revolving credit facility
May 06Great Elm Capital: Repositioning Into Specialty Finance Business
Dec 31Great Elm Capital EPS beats by $0.05, beats on revenue
Nov 09Great Elm Capital goes ex-dividend tomorrow
Oct 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GECC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: GECC has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
| Great Elm Capital Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GECC) | 13.5% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Capital Markets) | 2.3% |
| Analyst forecast in 3 Years (GECC) | 13.5% |
Notable Dividend: GECC's dividend (13.5%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: GECC's dividend (13.5%) is in the top 25% of dividend payers in the US market (4.78%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42%), GECC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.5%), GECC's dividend payments are covered by cash flows.