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

Eagle Point Credit Company Inc. (NYSE:ECCC) declared a monthly dividend on Friday, May 17th, Wall Street Journal reports. Shareholders of record on Monday, August 12th will be given a dividend of 0.1354 per share on Friday, August 30th. This represents a $1.63 annualized dividend and a yield of 7.24%. The ex-dividend date of this dividend is Monday, August 12th.

Eagle Point Credit Price Performance

NYSE ECCC opened at $22.44 on Friday. The firm has a 50 day simple moving average of $22.09 and a 200-day simple moving average of $21.81. Eagle Point Credit has a one year low of $20.24 and a one year high of $22.83.

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.