Great Elm Capital Corp.
GECCFinancial Services · Stock · quarterly payer
Forward Yield
18.73%
Annual Dividend
$1.00
Payout Ratio
89%
5-Yr Growth
41.8%
Ex-Date
Jun 15, 2026
Frequency
Quarterly
Summary
As of July 2026, Great Elm Capital Corp. (GECC) yields 18.73% ($1.00 per share annually), with a blended fair-value estimate of $13.93 — +161% upside, so it screens as undervalued. Dividend safety grade: D (37/100). 1 years of dividend growth.
Is GECC a good dividend stock?
Higher riskGreat Elm Capital Corp. (GECC) pays a quarterly dividend yielding 18.73% ($1.00/yr), with 1 year of growth and a dividend-safety grade of D. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk.
Advantages
- Strong 41.8% 5-yr dividend growth
Risks
- Cut its dividend in 2024
- Elevated payout ratio (89%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 18.73%
- Payout Ratio
- 89%
- Annual Dividend
- $1.00
- 5-Yr Avg Growth
- 41.8%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 1
- Frequency
- quarterly
- Beta
- 0.85
- Market Cap
- $74.2M
- P/E Ratio
- —
- 5-Yr Total Return
- -75%
- 52-Week Range
- $4.63 – $11.46
- Dividend Safety
- D · 37/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
GECC Price — Last 12 Months
Daily close
Price Return
1 Year
-53%
3 Years
-47%
5 Years
-75%
52-Week Range
$4.63 – $11.46
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is GECC worth?
Undervaluedlow confidenceOur blended fair-value estimate for Great Elm Capital Corp. is $13.93 per share, versus a market price of $5.34. That implies 161% of upside — a margin of safety of about 62%.
Fair Value
$13.93
Current Price
$5.34
Upside
+161%
Margin of Safety
62%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 1.2% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.5% discount rate (CAPM), 1.2% stage-1 growth, 2.5% terminal growth, -$2.66 EPS, $1.00 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
GECC Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 15, 2026 | — | $0.2500 | regular |
| Mar 16, 2026 | — | $0.3000 | regular |
| Dec 15, 2025 | — | $0.3700 | regular |
| Sep 15, 2025 | — | $0.3700 | regular |
| Jun 16, 2025 | — | $0.3700 | regular |
| Mar 17, 2025 | — | $0.3700 | regular |
| Dec 31, 2024 | — | $0.0500 | regular |
| Dec 16, 2024 | — | $0.3500 | regular |
| Sep 16, 2024 | — | $0.3500 | regular |
| Jun 14, 2024 | — | $0.3500 | regular |
| Mar 15, 2024 | — | $0.3500 | regular |
| Dec 14, 2023 | — | $0.3500 | regular |
| Sep 14, 2023 | — | $0.3500 | regular |
| Jun 14, 2023 | — | $0.3500 | regular |
Income Calculator
At $1.00 / yr per share
