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

Eagle Point Credit Company Inc. (NYSE:ECCC) declared a monthly dividend on Thursday, February 13th,Wall Street Journal reports. Shareholders of record on Tuesday, June 10th will be paid a dividend of 0.1354 per share on Monday, June 30th. This represents a $1.63 annualized dividend and a yield of 7.06%. The ex-dividend date is Tuesday, June 10th.

Eagle Point Credit Stock Performance

Shares of Eagle Point Credit stock opened at $23.02 on Friday. Eagle Point Credit has a 1 year low of $21.62 and a 1 year high of $24.89. The firm’s 50-day moving average is $23.06 and its two-hundred day moving average is $23.12.

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.