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

Eagle Point Credit Company Inc. (NYSE:ECCC) announced a monthly dividend on Thursday, November 7th,Wall Street Journal reports. Investors of record on Monday, February 10th will be paid a dividend of 0.1354 per share on Friday, February 28th. This represents a $1.63 dividend on an annualized basis and a yield of 6.92%. The ex-dividend date of this dividend is Monday, February 10th.

Eagle Point Credit Stock Performance

Eagle Point Credit stock traded down $0.01 on Thursday, hitting $23.49. 1,148 shares of the stock traded hands, compared to its average volume of 6,086. The business’s fifty day simple moving average is $23.22 and its 200 day simple moving average is $22.70. Eagle Point Credit has a 1 year low of $20.65 and a 1 year high of $23.78.

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.