Eagle Point Credit Company Inc. (ECCC) to Issue Monthly Dividend of $0.14 on November 30th

Eagle Point Credit Company Inc. (NYSE:ECCC) declared a monthly dividend on Thursday, August 13th. Investors of record on Tuesday, November 10th will be given a dividend of 0.1354 per share on Monday, November 30th. This represents a c) annualized dividend and a yield of 6.6%. The ex-dividend date is Tuesday, November 10th.

Eagle Point Credit Price Performance

Shares of NYSE ECCC opened at $24.70 on Friday. Eagle Point Credit has a 1-year low of $23.02 and a 1-year high of $25.10. The business’s 50 day moving average is $24.85 and its two-hundred day moving average is $24.59.

About Eagle Point Credit

Eagle Point Credit Company (NYSE: ECCC) is a closed-end management investment company that specializes in structured finance assets. Since its formation in January 2018, the company has pursued a strategy aimed at generating current income and capital appreciation by investing in a diversified portfolio of collateralized loan obligations (CLOs) and other structured credit instruments. Eagle Point Credit’s investment mandate encompasses both equity and debt tranches of CLOs, as well as select specialty finance exposures, allowing it to capture opportunities across the capital structure.

The firm’s portfolio is predominantly concentrated in U.S.-domiciled collateral vehicles, with the flexibility to allocate to European and other developed-market credits when attractive risk-adjusted returns are available.