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

Eagle Point Credit Company Inc. (NYSE:ECCC) announced a monthly dividend on Friday, May 17th, Wall Street Journal reports. Stockholders of record on Monday, August 12th will be paid a dividend of 0.1354 per share on Friday, August 30th. This represents a $1.63 annualized dividend and a dividend yield of 7.19%. The ex-dividend date of this dividend is Monday, August 12th.

Eagle Point Credit Stock Up 0.6 %

Shares of Eagle Point Credit stock opened at $22.60 on Friday. Eagle Point Credit has a twelve month low of $20.24 and a twelve month high of $22.87. The firm’s 50-day moving average price is $22.43 and its 200 day moving average price is $22.23.

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.