Eagle Point Income Company Inc. (EIC) To Go Ex-Dividend on February 10th

Posted by Kyle Jackson on Feb 8th, 2025

Eagle Point Income Company Inc. (NYSE:EIC – Get Free Report) declared a monthly dividend on Thursday, November 7th,Wall Street Journal reports. Investors of record on Monday, February 10th will be given a dividend of 0.20 per share on Friday, February 28th. This represents a $2.40 annualized dividend and a dividend yield of 15.08%. The ex-dividend date is Monday, February 10th.

Eagle Point Income has raised its dividend by an average of 27.2% annually over the last three years.

Eagle Point Income Stock Performance

Eagle Point Income stock opened at $15.91 on Friday. Eagle Point Income has a 12-month low of $14.78 and a 12-month high of $16.75. The company has a 50-day moving average price of $15.70 and a 200 day moving average price of $15.76.

Analysts Set New Price Targets

EIC has been the subject of a number of analyst reports. LADENBURG THALM/SH SH upgraded shares of Eagle Point Income to a “strong-buy” rating in a research note on Thursday, January 16th. B. Riley raised Eagle Point Income to a “strong-buy” rating in a research report on Tuesday, January 7th.

Read Our Latest Stock Report on EIC

Eagle Point Income Company Profile

(Get Free Report)

About Eagle Point Income Company is a non-diversified,closed-end management investment company. The Company’s primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation, by investing primarily in junior debt tranches of CLOs. In addition, the Company may invest up to 20% of its total assets (at the time of investment) in CLO equity securities and related securities and instruments.