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

Eagle Point Credit Company Inc. (NYSE:ECCC) announced a monthly dividend on Thursday, February 13th,Wall Street Journal reports. Investors of record on Tuesday, June 10th will be given 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 7.06%. The ex-dividend date is Tuesday, June 10th.

Eagle Point Credit Stock Performance

Shares of NYSE:ECCC remained flat at $23.02 during mid-day trading on Thursday. The company had a trading volume of 3,012 shares, compared to its average volume of 3,221. Eagle Point Credit has a 12 month low of $21.62 and a 12 month high of $24.89. The business has a 50-day moving average of $23.06 and a 200 day moving average of $23.12.

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.