SmarterDividends
GECC

Great Elm Capital Corp. 8.50% NOTES DUE 2029

GECCI

Stock · quarterly payer

$25.08

Fairly valued · +11% Add to Portfolio

Forward Yield

8.47%

Annual Dividend

$2.12

Payout Ratio

—

5-Yr Growth

—

Ex-Date

Dec 15, 2026

Frequency

Quarterly

Key facts about GECCI's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Great Elm Capital Corp. 8.50% NOTES DUE 2029 (GECCI) has a forward dividend yield of 8.47%, based on an annual dividend of $2.12 per share and a share price of $25.08.
  • As of Oct 18, 2026, GECCI's dividend safety grade from SmarterDividends is B (66 out of 100), which rates the dividend as safe.
  • GECCI has never cut its regular dividend in the payment history SmarterDividends has on record.
  • GECCI's next ex-dividend date is Dec 15, 2026, with payment on Dec 31, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 18, 2026, GECCI's 8.47% yield is 18% above its five-year average yield of 7.18%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for GECCI is $27.80 per share, 11% above the $25.08 share price, so GECCI screens as fairly valued.
  • Great Elm Capital Corp. 8.50% NOTES DUE 2029 (GECCI) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "GECCI Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/GECCI

Summary

As of Oct 18, 2026, Great Elm Capital Corp. 8.50% NOTES DUE 2029 (GECCI) yields 8.47% ($2.12 a year per share) and has a dividend safety grade of B (66/100).

Is GECCI a good dividend stock?

Yes, with caveats

Great Elm Capital Corp. 8.50% NOTES DUE 2029 (GECCI) pays a quarterly dividend yielding 8.47% ($2.12/yr), with 1 year of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Never cut its dividend on record

Risks

  • Very high yield can signal elevated risk

Key Data

Dividend Yield
8.47%
Payout Ratio
—
Annual Dividend
$2.12
5-Yr Avg Growth
—
Ex-Dividend Date
Dec 15, 2026
Years of Growth
1
Frequency
quarterly
Beta
—
Market Cap
—
P/E Ratio
—
5-Yr Total Return
—
52-Week Range
$24.95 – $27.35
Dividend Safety
B · 66/100
Ever Cut?
No

GECCI dividend changes

Great Elm Capital Corp. 8.50% NOTES DUE 2029 (GECCI) pays a variable dividend: across the 10 payments on record since 2024, 5 were higher than the one before and 4 lower. The latest change was up 1.1% to $0.531 per share, going ex-dividend on Sep 15, 2026.

Ex-dateChangeOld → newMove
Sep 15, 2026Higher$0.525 → $0.531+1.1%
Jun 15, 2026Lower$0.531 → $0.525−1.1%
Mar 13, 2026Lower$0.537 → $0.531−1.1%
Dec 15, 2025Higher$0.531 → $0.537+1.1%
Sep 15, 2025Higher$0.525 → $0.531+1.1%
Jun 13, 2025Lower$0.531 → $0.525−1.1%
Mar 14, 2025Lower$0.537 → $0.531−1.1%
Dec 13, 2024Higher$0.531 → $0.537+1.1%
Sep 13, 2024Higher$0.431 → $0.531+23.2%
Every GECCI payment →Download every raise and cut (CSV)
GECCI ex-dividend date & scheduleNext ex-date Dec 15, 2026 · full ex-dividend historyView →GECCI dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is GECCI a good dividend stock?

Yes, with caveats. Great Elm Capital Corp. 8.50% NOTES DUE 2029 (GECCI) pays a quarterly dividend yielding 8.47% ($2.12/yr), with 1 year of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Is GECCI undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, GECCI's fair value is about $27.80 versus a $25.08 share price — so it looks fairly valued (+11% vs. fair value).

Is GECCI's dividend safe?

GECCI has a dividend-safety grade of B (66/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is GECCI's fair value?

Our blended fair-value estimate for GECCI is about $27.80 per share, roughly 11% above the current $25.08 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is GECCI a buy, hold, or sell?

We don't issue formal ratings, but on the data GECCI screens as "yes, with caveats" and fairly valued. Great Elm Capital Corp. 8.50% NOTES DUE 2029 (GECCI) pays a quarterly dividend yielding 8.47% ($2.12/yr), with 1 year of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will GECCI cut its dividend?

GECCI earns a dividend-safety grade of B (66/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does GECCI pay a dividend?

Yes. Great Elm Capital Corp. 8.50% NOTES DUE 2029 pays a quarterly dividend of about $2.12 per share annually, a forward yield of roughly 8.47%.

What is GECCI's dividend yield?

As of Oct 18, 2026, GECCI's forward dividend yield is 8.47%, based on a $2.12 annual dividend and a $25.08 share price.

What is GECCI's dividend per share?

As of Oct 18, 2026, GECCI pays $2.12 per share per year, distributed on a quarterly basis.

How many years has GECCI grown its dividend?

As of Oct 18, 2026, GECCI has increased its dividend for 1 consecutive years.

When is the next GECCI ex-dividend date?

As of Oct 18, 2026, the next ex-dividend date on record for GECCI is Dec 15, 2026.

Income Calculator

At $2.12 / yr per share

Per payment (quarterly)$53.10
Annual$212.40
Monthly avg$17.70

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