Dave's Dividends Payers

[Bullish Green]

DID ANYBODY CATCH THIS?

4:31:06 PM : KJ: Charles Schwab Initial Question: Dividend Inquiry

4:33:51 PM : <> An investment professional is joining the chat.

4:33:51 PM : <> Welcome KJ. My name is Gretchen K.. I will be helping you today. Your reference number for this chat session is 7529413.

4:33:56 PM : Gretchen K.: Hello Karl! My name is Gretchen. I'm happy to help you today.

4:34:24 PM : KJ: Hi Gretchen!

4:35:20 PM : KJ: I contacted your company about 30 minutes ago but did not have all the information amidst conflicting reports.

4:36:06 PM : KJ: Your website is showing GECC a dividend of $0.0083

4:36:27 PM : KJ: TDA says the same.

4:37:01 PM : KJ: However Nasdaq and Etrade are showing $0.083 instead.

4:37:36 PM : KJ: In light of the conflicting info, I contacted Investor Relations at GECC.

4:38:08 PM : KJ: This was their reply:

4:38:27 PM : KJ: Hi KJ,

GECC pays an $0.083 per share per month distribution. Distributions have been declared through September 2020, payable in October 2020,


Thank you,

Adam Yates

Great Elm Capital Management, Inc.

800 South St.

Suite 230

Waltham, MA 02453

(p) 617.247.7675

(c) 978.985.3613

[e-mail]

[e-mail]

4:38:48 PM : Gretchen K.: OK. I'm with you so far.

4:39:30 PM : KJ: Can you please check it out and make corrections on your website. It's screwing up my statistical data.

4:40:21 PM : KJ: Not to mention I almost wanted to sell at that erroneous distribution rate.

4:41:52 PM : Gretchen K.: Let me see what we can do.

4:42:07 PM : Gretchen K.: What page are you using to see that quote?

4:43:58 PM : KJ: I'm on GECC page, Dividends tab.

4:44:14 PM : Gretchen K.: Upcoming Dividend
Upcoming Dividend Table
Announce Date Jun 25, 2020
Ex-Dividend Date Jul 30, 2020
Payment Date Aug 21, 2020
Amount $0.0083
Type Regular

4:44:42 PM : Gretchen K.: I see. So there may be an extra 0 in there.

4:45:17 PM : KJ: Also the computation makes ACCOUNT SUMMARY / INVESTMENT INCOME tab computations wrong.

4:45:42 PM : KJ: Yes, there's an extra 0.

4:46:17 PM : Gretchen K.: I can report this issue for you. We use a third party vendor for this reporting information.

4:47:41 PM : KJ: Thank you. Does that mean you also paid the last three months wrong too (according to the historical payout)? Or is this for for website data?

4:48:11 PM : KJ: That part doesn't apply to me but just asking.

4:48:17 PM : Gretchen K.: Just for website data. We pay out the dividends received from the company directly.

4:48:58 PM : KJ: Cool. Thank you for your time! Enjoy the rest of the day!

4:49:17 PM : Gretchen K.: My pleasure! Thank you for your time. Take care!