Eagle Point Credit Company Inc. (NYSE:ECCC) Declares $0.14 Monthly Dividend

Eagle Point Credit Company Inc. (NYSE:ECCC) announced a monthly dividend on Thursday, November 7th,Wall Street Journal reports. Investors of record on Monday, February 10th will be given a dividend of 0.1354 per share on Friday, February 28th. This represents a $1.63 annualized dividend and a yield of 6.92%. The ex-dividend date of this dividend is Monday, February 10th.

Eagle Point Credit Price Performance

NYSE ECCC traded down $0.01 during trading hours on Thursday, hitting $23.49. The company’s stock had a trading volume of 1,148 shares, compared to its average volume of 6,086. Eagle Point Credit has a 12 month low of $20.65 and a 12 month high of $23.78. The company’s 50 day simple moving average is $23.22 and its two-hundred day simple moving average is $22.70.

About Eagle Point Credit

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.