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

Eagle Point Credit Company Inc. (NYSE:ECCC) declared a monthly dividend on Thursday, November 7th,Wall Street Journal reports. Stockholders of record on Monday, February 10th will be given a dividend of 0.1354 per share on Friday, February 28th. This represents a $1.63 dividend on an annualized basis and a dividend yield of 7.07%. The ex-dividend date is Monday, February 10th.

Eagle Point Credit Price Performance

Shares of NYSE:ECCC opened at $22.97 on Friday. The company’s fifty day moving average price is $23.11 and its 200-day moving average price is $23.11. Eagle Point Credit has a one year low of $21.62 and a one 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.