Eagle Point Income Company Inc. (EIC) to Issue Dividend of $0.20 on January 31st

Eagle Point Income Company Inc. (NYSE:EICGet Free Report) declared a dividend on Monday, January 13th,investing.com reports. Investors of record on Tuesday, January 14th will be paid a dividend of 0.20 per share on Friday, January 31st. This represents a yield of 15.17%. The ex-dividend date is Monday, January 13th.

Eagle Point Income has raised its dividend by an average of 28.7% per year over the last three years.

Eagle Point Income Trading Down 0.3 %

Shares of EIC opened at $15.77 on Wednesday. Eagle Point Income has a 1-year low of $14.78 and a 1-year high of $16.75. The firm has a fifty day simple moving average of $15.75 and a two-hundred day simple moving average of $15.79.

Wall Street Analyst Weigh In

Separately, B. Riley raised Eagle Point Income to a “strong-buy” rating in a report on Tuesday, January 7th.

Read Our Latest Analysis on Eagle Point Income

Eagle Point Income Company Profile

(Get Free Report)

About Eagle Point Income Company is a non-diversified,closed-end management investment company. The Company’s primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation, by investing primarily in junior debt tranches of CLOs. In addition, the Company may invest up to 20% of its total assets (at the time of investment) in CLO equity securities and related securities and instruments.

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Dividend History for Eagle Point Income (NYSE:EIC)

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