Eagle Point Credit Company Inc. (ECCC) to Issue Monthly Dividend of $0.14 on June 30th

Eagle Point Credit Company Inc. (NYSE:ECCC) declared a monthly dividend on Friday, February 14th,Wall Street Journal reports. Investors 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 dividend on an annualized basis and a dividend yield of 7.05%. The ex-dividend date is Tuesday, June 10th.

Eagle Point Credit Stock Performance

Shares of ECCC opened at $23.05 on Friday. The firm has a 50 day simple moving average of $23.03 and a two-hundred day simple moving average of $23.12. Eagle Point Credit has a one year low of $21.62 and a one year high of $24.89.

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.