Eagle Point Income Company Inc. (NYSE:EIC) to Issue $0.20 Dividend

Eagle Point Income Company Inc. (NYSE:EICGet Free Report) announced a dividend on Wednesday, November 6th,NASDAQ Dividends reports. Stockholders of record on Monday, January 13th will be given a dividend of 0.20 per share on Friday, January 31st. The ex-dividend date is Monday, January 13th.

Eagle Point Income has increased its dividend by an average of 28.7% per year over the last three years.

Eagle Point Income Trading Up 0.7 %

NYSE EIC opened at $16.38 on Friday. The firm’s 50 day moving average price is $15.74 and its 200-day moving average price is $15.78. Eagle Point Income has a 52-week low of $14.78 and a 52-week high of $16.75.

Analyst Ratings Changes

Separately, B. Riley raised Eagle Point Income to a “strong-buy” rating in a research report on Tuesday.

Read Our Latest Stock Report on EIC

Eagle Point Income Company Profile

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About Eagle Point Income Company is a non-diversified,closed-end management investment company. The Company’s primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation, by investing primarily in junior debt tranches of CLOs. In addition, the Company may invest up to 20% of its total assets (at the time of investment) in CLO equity securities and related securities and instruments.

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Dividend History for Eagle Point Income (NYSE:EIC)

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