Eagle Point Credit Company Inc. (ECCC) to Issue Monthly Dividend of $0.14 on February 28th

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

Eagle Point Credit Trading Down 0.4 %

NYSE ECCC opened at $22.97 on Friday. Eagle Point Credit has a 12 month low of $21.62 and a 12 month high of $24.89. The stock has a 50-day simple moving average of $23.11 and a 200 day simple moving average of $23.11.

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.