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

Eagle Point Credit Company Inc. (NYSE:ECCC) declared a monthly dividend on Monday, May 20th, Wall Street Journal reports. Stockholders of record on Tuesday, September 10th will be given a dividend of 0.1354 per share on Monday, September 30th. This represents a $1.63 annualized dividend and a dividend yield of 7.05%. The ex-dividend date is Tuesday, September 10th.

Eagle Point Credit Stock Up 0.4 %

Shares of Eagle Point Credit stock opened at $23.04 on Monday. The company has a 50-day simple moving average of $22.57 and a two-hundred day simple moving average of $22.32. Eagle Point Credit has a 52-week low of $20.24 and a 52-week high of $23.04.

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.