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

Eagle Point Credit Company Inc. (NYSE:ECCC) declared a monthly dividend on Thursday, February 13th, Wall Street Journal reports. Shareholders of record on Tuesday, June 10th will be given 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 7.13%. The ex-dividend date is Tuesday, June 10th.

Eagle Point Credit Price Performance

ECCC opened at $22.79 on Friday. The company’s 50 day simple moving average is $22.42 and its two-hundred day simple moving average is $22.91. Eagle Point Credit has a 1-year low of $21.87 and a 1-year high of $24.89.

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.