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

Eagle Point Credit Company Inc. (NYSE:ECCC) announced 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 Price Performance

NYSE ECCC remained flat at $23.02 during trading hours on Thursday. The company’s stock had a trading volume of 3,012 shares, compared to its average volume of 3,221. The stock has a 50 day moving average price of $23.06 and a 200-day moving average price of $23.12. Eagle Point Credit has a 52 week low of $21.62 and a 52 week high of $24.89.

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.