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

Eagle Point Credit Company Inc. (NYSE:ECCC) announced a monthly dividend on Thursday, August 1st, Wall Street Journal reports. Shareholders of record on Tuesday, November 12th will be given a dividend of 0.1354 per share on Friday, November 29th. This represents a $1.63 annualized dividend and a yield of 7.20%. The ex-dividend date is Tuesday, November 12th.

Eagle Point Credit Price Performance

NYSE:ECCC traded down $0.05 during trading hours on Thursday, hitting $22.58. 7,079 shares of the stock traded hands, compared to its average volume of 7,197. Eagle Point Credit has a 1 year low of $20.24 and a 1 year high of $22.87. The stock has a 50 day moving average price of $22.39 and a 200 day moving average price of $22.20.

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.