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

Eagle Point Credit Company Inc. (NYSE:ECCC) announced a monthly dividend on Friday, November 8th,Wall Street Journal reports. Stockholders of record on Tuesday, March 11th will be given a dividend of 0.1354 per share on Monday, March 31st. This represents a $1.63 dividend on an annualized basis and a dividend yield of 6.90%. The ex-dividend date is Tuesday, March 11th.

Eagle Point Credit Stock Performance

NYSE ECCC 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 twelve month low of $20.65 and a twelve month high of $23.78.

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.