Eagle Point Income Company Inc. (EIC) To Go Ex-Dividend on February 9th

Eagle Point Income Company Inc. (NYSE:EIC) announced a monthly dividend on Thursday, November 13th. Stockholders of record on Monday, February 9th will be given a dividend of 0.11 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 12.7%. The ex-dividend date of this dividend is Monday, February 9th.

Eagle Point Income Stock Performance

Shares of Eagle Point Income stock opened at $10.38 on Friday. The business has a fifty day simple moving average of $11.17 and a 200-day simple moving average of $12.21. Eagle Point Income has a fifty-two week low of $10.23 and a fifty-two week high of $16.23.

Eagle Point Income (NYSE:EIC) last issued its quarterly earnings results on Thursday, November 13th. The company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.36 by $0.03.

About Eagle Point Income

Eagle Point Income Company (NYSE: EIC) is a closed-end management investment company that primarily invests in the equity and junior debt tranches of collateralized loan obligations (CLOs). Launched in 2019 and domiciled in Maryland, the company seeks to provide shareholders with high current income and the potential for capital appreciation by focusing on structured credit opportunities. Eagle Point Income maintains a diversified portfolio of CLO equity positions, targeting both seasoned and newly issued transactions across multiple risk profiles.

The company’s investment strategy centers on identifying mispriced or underfollowed CLO tranches, where it believes its team’s deep industry expertise can add value.