gecc stock dividend suspended
GECC Stock Summary Of note is the ratio of GREAT ELM CAPITAL CORP's sales and general administrative expense to its total operating expenses; just 12.1% of US stocks have a lower such ratio. This suggests a possible upside of 25.9% from the stock's current price. GECC Dividend Information Great Elm Capital Corp. | Market Chameleon You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Great Elm Capital Group (GECC) announced on March 2, 2023 that shareholders of record as of March 14, 2023 would receive a dividend of $0.35 per share on March 31, 2023. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. All Rights Reserved. Great Elm Capital pays quarterly dividends to shareholders. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. * Dividend amounts are adjusted for stock splits when applicable. Forward yield 17.2% Payable March 30; for shareholders of rec. The current dividend yield for Great Elm Capital is 18.75%. Verify your identity, personalize the content you receive, or create and administer your account. When was Great Elm Capital's most recent ex-dividend date? Financial Statements. How good is it? Real-time analyst ratings, insider transactions, earnings data, and more. Information is provided as is and solely for informational purposes, not for trading purposes or advice, and is delayed. Great Elm Capital Corp. Prices Public Offering of $50,000,000 of 5.875% Notes Due 2026. GECC -- Is Its Stock Price A Worthy Investment? Learn More. GECC Stock Forecast, Price & News (Great Elm Capital) - MarketBeat We also respect individual opinionsthey represent the unvarnished thinking of our people and exacting analysis of our research processes. GECC - Great Elm Capital Corp Stock Price Quote - Morningstar Model portfolio targeting 7-9% dividend yield. View which stocks are hot on social media with MarketBeat's trending stocks report. Price/Earnings Ratio is a widely used stock evaluation measure. If you are reaching retirement age, there is a good chance that you You take care of your investments. Fixed income news, reports, video and more. Who are Great Elm Capital's major shareholders? Our daily ratings and market update email newsletter. But the good news is, if China invades Taiwan, there is a way to protect yourself. If you wish to go to ZacksTrade, click OK. Real-time analyst ratings, insider transactions, earnings data, and more. Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank, Industry: Financial - Investment Management. Great Elm Capital Corp. (GECC) Dividend History, Dates & Yield - Stock This represents a $1.40 dividend on an annualized basis and a yield of 14.58%. Register for your free account today atdata.nasdaq.com. The scores are based on the trading styles of Value, Growth, and Momentum. Earnings for Great Elm Capital are expected to decrease by -30.94% in the coming year, from $1.81 to $1.25 per share. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Learn more about planning and maintaining a happy, financially secure retirement. Create your Watchlist to save your favorite quotes on Nasdaq.com. GECC's dividend payout ratio is -78.3%, which is not sustainable. When did Great Elm Capital last increase or decrease its dividend? Sorry, there are no articles available for this stock. Great Elm Capital Corp Dividend Stock News and Updates, Holding and other Investment Offices Dividend Stock News and Updates, Legendary Investor's Top 3 Dividend Stocks for 2023, Get Dr. Mark Skousen's favorite dividend plays for the New Year. contact@marketbeat.com Their GECC share price forecasts range from $12.00 to $12.00. The financial services provider reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.48 by $0.06. Dec 15,2022 - GECC STOCK PRICE DECREASE: Great Elm Capital Corp on 12-15-2022 decreased stock price > 10% from $9.75 to $8.66. More Great Elm Capital Corp Dividend News 0.00 (0.00%) Great Elm Capital is a leading dividend payer. Great Elm Capital's most recent quarterly dividend payment of $0.45 per share was made to shareholders on Friday, December 30, 2022. Data Link's cloud-based technology platform allows you to search, discover and access data and analytics for seamless integration via cloud APIs. Michael Keller . A A quarterly cash dividend. We may use it to: To learn more about how we handle and protect your data, visit our privacy center. This could indicate that the company has never provided a dividend or 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Great Elm Capital in the last twelve months. What is Great Elm Capital's dividend payout ratio? Export data to Excel for your own analysis. Great Elm Capital distributed $0.45 per share that represents a 25.26% dividend yield. Want Monthly Income? Great Elm Capital Stock (NASDAQ:GECC), Quotes and News Summary Maintaining independence and editorial freedom is essential to our mission of empowering investor success. Great Elm Capital (NASDAQ:GECC) pays an annual dividend of $1.80 per share and currently has a dividend yield of 19.08%. Zacks Ranks stocks can, and often do, change throughout the month. The 1-6 reverse split was announced on Thursday, January 27th 2022. Retirement news, reports, video and more. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Press Releases. $9.60 Does Great Elm Capital have sufficient earnings to cover their dividend? Become a Premium Member to stick up to 3 rows and access more exclusive benefits. Enter Your Email Below To Claim Your Report: New Report from the Award-winning Analyst Who Beat the Market Over 15 Years. It pays a dividend yield of 19.08%, putting its dividend yield in the top 25% of dividend-paying stocks. GECC 's annual dividend yield is 20.67%. One Way to Earn More From Dividend Stocks, Home Depot Stock Earnings Slide, Long Term Value Still There, AbbVie Stock Still a Solid Buy Despite Challenges. Provide specific products and services to you, such as portfolio management or data aggregation. Because of the possibility of human or mechanical error by Mergent's sources, Mergent or others, Mergent does not guarantee the accuracy, adequacy, completeness, timeliness or availability or for the results obtained from the use of such information. Great Elm Capital (GECC) declares $0.60/share quarterly dividend (on a post-split basis) for the quarter ending March 31, 2022. Great Elm Capital Corp. (GECC) Stock Historical Prices & Data - Yahoo Finance U.S. markets close in 4 hours 55 minutes S&P 500 3,955.63 -14.52(-.37%) Dow 30 32,637.99 -18.71(-.06%) Nasdaq. Most companies pay dividends on a quarterly basis, but dividends may also be paid monthly,. Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. Great Elm Capital issues dividends to shareholders from excess cash Great Elm Capital generates. The number of shares owned by shareholders was adjusted after the closing bell on Monday, February 28th 2022. We sell different types of products and services to both investment professionals and individual investors. Yes, GECC's' dividend has been growing over the last 10 years. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Here's 3 Dividend Stocks That Pay Monthly. Announces Launch of Non-Transferable Rights Offering. Great Elm Capital Corporation (GECC) dividend growth history: By month or year, chart. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. Nasdaq Dividend History provides straightforward stocks historical dividends data. When autocomplete results are available use up and down arrows to review and enter to select. View the latest Great Elm Capital Corp. (GECC) stock price, news, historical charts, analyst ratings and financial information from WSJ. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Great Elm Capital Corp. (GECC) Latest Stock News & Headlines - Yahoo! The dividend payout ratio for GECC is: 99.45% based on this year's estimates 144.00% based on next year's estimates 34.96% based on cash flow 3/2/2023 MarketBeat.com Staff Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. You must be a shareholder on or before the next ex-dividend date to receive the upcoming dividend. The official website for the company is www.greatelmcc.com. Visit ourDividend Calendar: Our partner, Quotemedia, provides the upcoming ex-dividend dates for the next month (Other OTC & OTCBB stocks are not included in coverage for Dividend History). Great Elm Capital is an externally-managed business development company that invests in the debt instruments of middle-market companies. The annual dividend for GECC shares is $1.80. Based on aggregate information from My MarketBeat watchlists, some companies that other Great Elm Capital investors own include Energy Transfer (ET), Oxford Lane Capital (OXLC), Capitala Finance (CPTA), Prospect Capital (PSEC), Cornerstone Strategic Value Fund (CLM), AGNC Investment (AGNC), Cherry Hill Mortgage Investment (CHMI), Cornerstone Total Return Fund (CRF), New Residential Investment (NRZ) and AT&T (t). The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. Get short term trading ideas from the MarketBeat Idea Engine. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. For a security, the Price/Earnings Ratio is given by dividing the Last Sale Price by the Actual EPS (Earnings Per Share). Type a symbol or company name. The previous quarter's sales results were $7.20M. How to Decide. The time remaining before the next ex-dividend date. Announces Final Results of Its Rights Offering, Down 13.9% in 4 Weeks, Here's Why You Should You Buy the Dip in Great Elm Capital (GECC), Down 13.6% in 4 Weeks, Here's Why Great Elm Capital (GECC) Looks Ripe for a Turnaround, Great Elm Capital declares $0.45 dividend, dates revealed, Great Elm Capital GAAP EPS of -$1.12, total investment income of $5.6M, Great Elm Capital Corp. 1 equities research analysts have issued twelve-month target prices for Great Elm Capital's shares. USD. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Click to see Great Elm Capital Corp Dividend Data, Dates and more financial information, or here to see GECC Projected 10 Year Dividend Yield. What is Great Elm Capital's Ex-Dividend Date? Apple's next ex-dividend date has . Top institutional shareholders include Virtu Financial LLC (0.34%) and Concourse Financial Group Securities Inc. (0.00%). Learn more on GECC's dividend yield history. How to Choose a Winning Dividend Investing Strategy, Oil Tankers Boost Dividends, See Continued Robust Business In '23. (844) 978-6257. By creating a free account, you agree to our, 3 Industries Leading the Stock Market Rebound, Taiwan Semiconductor Manufacturing Expanding in the West, What is a Good Dividend Yield? All rights reserved. Great Elm Capital Great Elm Capital (GECC) Stock Dividend Date & History - TipRanks. Great Elm Capital Corp. (GECC) Stock Price, Quote & News - Stock Analysis The ex-dividend date is Tuesday, March 14th. This site is protected by reCAPTCHA and the Google Ratings analysis incomplete due to data availability. Nasdaq Data provided by Nasdaq Data Link, a premier source for financial, economic and alternative datasets. Generate fixed income from corporates that prioritize environmental, social and governance responsibility. Dividend history includes: Declare date, ex-div, record, pay, frequency, amount. An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's. Copy and paste multiple symbols separated by spaces. See rankings and related performance below. GECC currently pays investors $1.80 per share, or 18.63%, on an annual basis. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. American Consumer News, LLC dba MarketBeat 2010-2023. When is Great Elm Capital's next earnings date? Hormel Hits 2-Year Low, And The Dip Gets Bought, Great Elm Capital turns in Q4 earnings beat as NII more than doubles from Q3, Great Elm Capital GAAP NII of $0.30 beats by $0.06, total investment income of $7.3M beats by $1.01M, Great Elm Capital Corp. (GECC) Schedules Fourth Quarter and Full Year 2022 Earnings Release and Conference Call, Great Elm Capital (GECC) Scheduled to Post Quarterly Earnings on Thursday, Great Elm Group, Inc. (NASDAQ:GEG) Q2 2023 Earnings Call Transcript, Great Elm Group, Inc.: Great Elm Group Reports Fiscal 2023 First Quarter Financial Results, Great Elm Capital Corp. Partners with Berkadia to Launch Healthcare Finance Venture, Great Elm Capital Corp. (GECC) Schedules Third Quarter 2022 Earnings Release and Conference Call, Lenders Funding Announces Retirement of Chief Operating Officer and Chief Credit Officer, Harvey Friedman and Appointment of John Benkovich, Edited Transcript of GEG.OQ earnings conference call or presentation 13-Sep-22 1:00pm GMT, Nothing Great (Or Good) About Great Elm Capital Corporation, Great Elm Capital Corp. (GECC) Schedules Second Quarter 2022 Earnings Release and Conference Call, Great Elm Capital Corp. In 2022, GECC's revenue was $24.43 million, a decrease of -3.27% compared to the previous year's $25.25 million. GECC Dividend History ; EX-DIVIDEND DATE 12/14/2022 ; DIVIDEND YIELD 21.66% ; ANNUAL DIVIDEND $1.80 ; P/E RATIO N/A. Great Elm Capital Corp. Announces $25 Million Revolving Credit Facility The company seeks to generate current income and capital appreciation through debt and equity investments and invests primarily in senior secured and senior unsecured debt instruments, as well as in junior loans and mezzanine debt of middle-market companies and small businesses. Annualized, the distribution equates to an 11.9% dividend yield on the closing market price on March 3, 2022 of $15.9 and a 10.8% dividend yield on our pro forma NAV of $16.63 per share. What is Great Elm Capital's dividend yield? ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. The word "Insider". See the latest Great Elm Capital Corp stock price (NASDAQ:GECC), related news, valuation, dividends and more to help you make your investing decisions. During the same period in the prior year, the company posted $1.08 EPS. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Discover dividend stocks matching your investment objectives with our advanced screening tools. See Best High Dividend Stocks Model Portfolio for our top maximize income ideas. Based on EPS estimates, Great Elm Capital will have a dividend payout ratio of 144.00% in the coming year. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. Great Elm Capital (GECC) last ex-dividend date was on Dec 13, 2022. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Great Elm Capital Corp (GECC) Stock Price & News - Google Finance Historical Dividend Data powered by DividendInvestor.com. Get short term trading ideas from the MarketBeat Idea Engine. See Best Monthly Dividend Stocks Model Portfolio for our top monthly income ideas. The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 10th 2023. The financial services provider had revenue of $7.37 million for the quarter, compared to the consensus estimate of $6.62 million. Municipal bonds news, reports, video and more. Practice management news, reports, video and more. ETFs and funds that prioritize investments based on environmental, social and governance responsibility. Hormel Hits 2-Year Low, And The Dip Gets Bought, Open Great Elm Capital in Dividend Calculator , Open Great Elm Capital in Dividend Yield Calculator . GECC Dividend Yield 20.67% - Great Elm Capital Stock Dividend Date When is Great Elm Capital's ex-dividend date? Losses were -$15.58 million, 51.7% more than in 2021. No, GECC's past year earnings per share was -$7.33, and their annual dividend per share is $1.95. Great Elm Capital Corp. Common Stock (GECC) Dividend History. Great Elm Capital Corp. (GECC) Stock Historical Prices & Data - Yahoo 2023, Nasdaq, Inc. All Rights Reserved. Great Elm Capital Stock (NASDAQ:GECC), Dividends - Benzinga Our picks from the +200 dividend stocks paying a monthly dividend. . ZacksTrade and Zacks.com are separate companies. that a dividend is pending. The financial services provider can be reached via phone at (617) 375-3006 or via email at investorrelations@greatelmcap.com. Please log in to your account or sign up in order to add this asset to your watchlist. Next quarter's sales forecast for GECC is $6.29M with a range of $6.08M to $6.68M. How to Decide. Learn from industry thought leaders and expert market participants. Great Elm Capital Corporation (GECC) Dividends - StockNews The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. Receive GECC Stock News and Ratings via Email. Announces Fourth Quarter and Full Year 2022 Financial Results, Great Elm Capital Corp. Stay up to date with timely dividend news. Announces Third Quarter 2022 Financial Results, Great Elm Capital Corp. (GECC) Schedules Third Quarter 2022 Earnings Release and Conference Call, Lenders Funding Announces Retirement of Chief Operating Officer and Chief Credit Officer, Harvey Friedman and Appointment of John Benkovich, Great Elm Capital Corp. Great Elm Capital declared a quarterly dividend on Thursday, March 2nd. See Best Dividend Protection Stocks Model Portfolio for our top retirement income ideas. GECC Dividend Information GECC has a dividend yield of 20.15% and paid $1.95 per share in the past year. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Great Elm Capital started at outperform with $14 stock price target at Oppenheimer. (GECC) Stock Dividend Date & History - TipRanks Great Elm Capital (GECC) last ex-dividend date was on Dec 13, 2022 . gecc dividend suspended - iStock Browse our guide to find the best dividend stocks. One share of GECC stock can currently be purchased for approximately $9.60. Zacks Rank Education - Learn about the Zacks Rank, Zacks Rank Home - Zacks Rank resources in one place, Zacks Premium - The only way to fully access the Zacks Rank. Dec. 15, 2022GECC STOCK PRICE DECREASE: Great Elm Capital Corp on 12-15-2022 decreased stock price > 10% from $9.75 to $8.66, Nov. 03, 2022DIVIDEND ANNOUNCEMENT: Great Elm Capital Corp (NASDAQ: GECC) on 11-03-2022 declared a dividend of $0.4500 per share, Oct. 01, 2022GECC STOCK PRICE INCREASE: Great Elm Capital Corp on 10-01-2022 increased stock price > 10% from $8.37 to $9.30, Feb. 18, 2023TMILF STOCK PRICE DECREASE: Taylor Maritime Investments Ltd on 02-18-2023 decreased stock price > 10% from $1.21 to $1.04, Feb. 18, 2023OWVI STOCK PRICE DECREASE: One World Ventures Inc on 02-18-2023 decreased stock price > 10% from $0.08 to $0.05, Feb. 18, 2023GLIV STOCK PRICE INCREASE: Grayscale Livepeer Trust (LPT) on 02-18-2023 increased stock price > 10% from $4.01 to $4.75, Dividend tools used by the pros, now at your fingertips, Find the secrets to discovering the best dividend-paying stocks by taking a short video tour of our site, FREE REPORT: My "Challenge" to the World's Richest Man: Elon Musk AND the Best Way To Invest in Dividend Stocks, Top 20 Living Economist Dr. Mark Skousen, Quickly find stocks on the NYSE, NASDAQ and more. The stock price for Great Elm Capital ( NASDAQ: GECC) is $ 9.55 last updated February 28, 2023 at 8:59 PM UTC. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.28% per year. Track recent dividend declarations and get ready for upcoming payouts. Helpful articles on different dividend investing options and how to best save, invest, and spend your hard-earned money. Quickest stock price recoveries post dividend payment. Oct. 01, 2022 GECC STOCK PRICE INCREASE: Great Elm Capital Corp on 10-01-2022 increased stock price > 10% from $8.37 to $9.30 Read more. How much is Great Elm Capital's dividend? 11.80% of the stock of Great Elm Capital is held by insiders. Great Elm Capital Corporation (GECC) Dividend History Touch device users, explore by touch or with swipe gestures. Reproduction of such information in any form is prohibited. The consensus among Wall Street analysts is that investors should "hold" GECC shares. Sign in to your free account to enjoy all that MarketBeat has to offer. Visit www.zacksdata.com to get our data and content for your mobile app or website. View the best growth stocks for 2023 here. Valuation stable. No, GECC's past year earnings per share was -$2.49, and their annual dividend per share is $1.95. A high percentage of insider ownership can be a sign of company health. Great Elm Capital's most recent ex-dividend date was Wednesday, December 14, 2022. Dividend Aristocrats (>25 yrs S&P500 stocks), Dividend Achievers (>10 yr NASDAQ stocks), Monthly payments from quarterly dividends, Dividend Aristocrats (>25 yrs S&P500 stocks), Dividend Achievers (>10 yr NASDAQ stocks), Best High Dividend Stocks Model Portfolio, Best Dividend Protection Stocks Model Portfolio, Best Monthly Dividend Stocks Model Portfolio, Best Dividend Growth Stocks Model Portfolio, Best Financial Dividend Stocks Model Portfolio, Lowe's Companies Inc. Sign in to your free account to enjoy all that MarketBeat has to offer. Great Elm Capital Corp (GECC) Dividend News Alerts. All information is provided without warranty of any kind. Announces First Quarter 2022 Financial Results, Great Elm Capital Corp. (GECC) Schedules First Quarter 2022 Earnings Release and Conference Call, Great Elm acquires management agreements for Monomoy Properties REIT, forays into private REIT industry, view top-rated stocks among Wall Street analysts, 800 SOUTH STREET SUITE 230, WALTHAM MA, 02453. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. An investor that had 100 shares of stock prior to the reverse split would have 17 shares after the split. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Leads 35 Securities Going Ex-Dividend This Week, ALPS Fund Services - ALPS Clean Energy ETF, UBS AG London Branch - ZC SP ETN REDEEM 20/10/2050 USD 25 - Series B, Schroder Asian Total Return Investment Company plc, State Street Global Advisors Singapore Ltd - SSGA ABF Pan Asia Bond Index Fund, Critical Facts You Need to Know About Preferred Stocks, Earn More With Dividend Stocks Than With Annuities for Your Retirement. Jun. Zacks Rank Education -- Learn more about the Zacks Rank That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. Great Elm Capital has received a consensus rating of Hold. Please log in to your account or sign up in order to add this asset to your watchlist. It divides the Forward Annualized Dividend by FY1. How much money does Great Elm Capital make? View which stocks are hot on social media with MarketBeat's trending stocks report. Get the best dividend capture stocks for March. Dividend capture strategy is based on GECCs historical data. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. These products and services are usually sold through license agreements or subscriptions. In addition, the board has approved a $0.45/share cash. How often does Great Elm Capital pay dividends? How were Great Elm Capital's earnings last quarter? Wed like to share more about how we work and what drives our day-to-day business. Is this happening to you frequently? GECC Dividend Yield 2023, Date & History (Great Elm Capital) - MarketBeat Great Elm Capital Group (GECC) Quote Overview, Great Elm Capital Group (GECC) Dividend History. Dividend payout record can be used to gauge the company's long-term performance when analyzing individual stocks. Dividend History - Great Elm Capital Group (GECC) - Zacks.com DIVIDEND ANNOUNCEMENT: 6.25% Notes 10/30/2033/Hercules Capital Inc (NYSE: HCXY) on 12-07-2022 declared a Great Elm Capital - GECC Dividend Yield, Date & History - MarketBeat. Please disable your ad-blocker and refresh. Upgrade to Premium to access your Watchlist and more. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Great Elm Capital (NASDAQ:GECC) has a market capitalization of $44.16 million and generates $25.25 million in revenue each year. All stock quotes on this website should be considered as having a 24-hour delay. Please. 3 High-Yield Dividend Stocks That Are Probably Not On Your Radar. How often does Great Elm Capital pay dividends? Delayed quotes by FIS. ET by Tomi Kilgore. These returns cover a period from January 1, 1988 through January 2, 2023. Consecutive Years of Dividend Increase is the number of years in a row in which there has been at least one payout increase and no payout decreases. See Best Dividend Growth Stocks Model Portfolio for our top growth ideas. On average, they expect the company's stock price to reach $12.00 in the next twelve months.