Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 23.49%.
YIELD ON COST (YOC)
23.49%
GECC now pays $1.17 per share a year. Measured against the price it actually traded at back then, a long-term holder is earning:
| If you bought | Price then | Yield on cost today |
|---|---|---|
| 10 years ago(2016-11-04) | $74.15 | 1.58% |
| 5 years ago(2021-10-05) | $20.79 | 5.63% |
| 3 years ago(2023-10-06) | $9.37 | 12.49% |
| 1 year ago(2025-10-07) | $8.10 | 14.44% |
| Buying today(at $5.02) | $5.02 | 23.49% |
Projection: starting from today's 23.49% yield, assuming the dividend keeps compounding at -11.1% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
23.49%
In 3 years
16.52%
In 5 years
13.07%
In 10 years
7.27%
Try your own purchase price, dividend and growth rate for Great Elm Capital Corp. (GECC).
Starting Yield
23.31%
Ending YOC
5.49%
Year 15 Dividend
$0.28
Cum. Dividends Recd.
$8.84
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.17 | N/A | 23.31% | $0.00 |
| Year 1 | $1.06 | -9.19% | 21.16% | $1.06 |
| Year 2 | $0.96 | -9.19% | 19.22% | $2.03 |
| Year 3 | $0.88 | -9.19% | 17.45% | $2.90 |
| Year 4 | $0.80 | -9.19% | 15.85% | $3.70 |
| Year 5 | $0.72 | -9.19% | 14.39% | $4.42 |
| Year 6 | $0.66 | -9.19% | 13.07% | $5.08 |
| Year 7 | $0.60 | -9.19% | 11.87% | $5.67 |
| Year 8 | $0.54 | -9.19% | 10.78% | $6.21 |
| Year 9 | $0.49 | -9.19% | 9.79% | $6.71 |
| Year 10 | $0.45 | -9.19% | 8.89% | $7.15 |
| Year 11 | $0.41 | -9.19% | 8.07% | $7.56 |
| Year 12 | $0.37 | -9.19% | 7.33% | $7.93 |
| Year 13 | $0.33 | -9.19% | 6.66% | $8.26 |
| Year 14 | $0.30 | -9.19% | 6.04% | $8.56 |
| Year 15 | $0.28 | -9.19% | 5.49% | $8.84 |
Yield on cost is the dividend yield measured against your original purchase price, not today's price. As a company raises its dividend, the yield on what you actually paid keeps rising even when the market yield holds steady.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
