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

Eagle Point Credit Company Inc. (NYSE:ECCC) declared a monthly dividend on Friday, February 14th,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 dividend on an annualized basis and a yield of 7.06%. The ex-dividend date is Tuesday, June 10th.

Eagle Point Credit Price Performance

Shares of NYSE:ECCC opened at $23.02 on Friday. The business’s 50 day simple moving average is $23.06 and its 200-day simple moving average is $23.12. Eagle Point Credit has a 12 month low of $21.62 and a 12 month 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.