Great Elm Capital reports Q1 2026 net investment income of $0.36/share and declares 18% annual dividend yield.

Great Elm Capital Corp. announced its Q1 2026 financial results, reporting net investment income of $0.36 per share, a 13% increase from the previous quarter. The company appointed Jason Reese as CEO and waived incentive fees through Q2 2026 to align with shareholders. GECC repurchased all notes due in June 2026, leaving no funded debt maturity until 2029, and maintains strong liquidity with $10 million cash and $50 million credit availability. The board declared a $0.25 per share dividend for Q2 2026, yielding 18% annually based on the May 1 closing price, and authorized a $10 million stock buyback program, having repurchased shares at a 36% discount to NAV so far. These actions position GECC for sustainable performance and attractive returns amid a cautious investment environment.