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

Eagle Point Credit Company Inc. (NYSE:ECCC) announced a dividend on Saturday, January 11th,investing.com reports. Shareholders of record on Tuesday, January 14th will be given a dividend of 0.1354 per share on Friday, January 31st. This represents a yield of 7.08%. The ex-dividend date of this dividend is Monday, January 13th.

Eagle Point Credit Price Performance

ECCC traded up $0.12 during trading on Friday, reaching $22.96. 4,514 shares of the stock traded hands, compared to its average volume of 2,969. Eagle Point Credit has a fifty-two week low of $21.62 and a fifty-two week high of $24.89. The stock’s 50-day simple moving average is $23.35 and its two-hundred day simple moving average is $23.03.

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.