Eagle Point Credit Company Inc. to Issue Monthly Dividend of $0.14 (NYSE:ECCC)

Eagle Point Credit Company Inc. (NYSE:ECCC) announced a monthly dividend on Thursday, November 13th. Shareholders of record on Monday, February 9th will be paid a dividend of 0.1354 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 6.9%. The ex-dividend date of this dividend is Monday, February 9th.

Eagle Point Credit Stock Performance

NYSE ECCC traded down $0.18 on Friday, hitting $23.46. 4,609 shares of the company’s stock were exchanged, compared to its average volume of 3,486. The firm’s 50-day moving average price is $23.49 and its two-hundred day moving average price is $23.21. Eagle Point Credit has a fifty-two week low of $21.87 and a fifty-two week high of $24.89.

Eagle Point Credit Company Profile

Eagle Point Credit Company Inc is a closed ended fund launched and managed by Eagle Point Credit Management LLC. It invests in fixed income markets of the United States. The fund invests equity and junior debt tranches of collateralized loan obligations consisting primarily of below investment grade U.S.