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

Eagle Point Credit Company Inc. (NYSE:ECCC) declared a monthly dividend on Thursday, November 7th,Wall Street Journal reports. Investors of record on Monday, February 10th will be paid a dividend of 0.1354 per share on Friday, February 28th. This represents a $1.63 annualized dividend and a yield of 6.90%. The ex-dividend date is Monday, February 10th.

Eagle Point Credit Stock Performance

Eagle Point Credit stock opened at $23.54 on Friday. The stock’s 50 day simple moving average is $23.23 and its two-hundred day simple moving average is $22.71. Eagle Point Credit has a 12 month low of $20.65 and a 12 month high of $23.78.

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.