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

Eagle Point Credit Company Inc. (NYSE:ECCC) declared a monthly dividend on Friday, November 8th,Wall Street Journal reports. Stockholders of record on Tuesday, March 11th will be paid a dividend of 0.1354 per share on Monday, March 31st. This represents a $1.63 annualized dividend and a dividend yield of 6.85%. The ex-dividend date is Tuesday, March 11th.

Eagle Point Credit Stock Up 0.8 %

Shares of ECCC stock opened at $23.72 on Friday. Eagle Point Credit has a 52 week low of $20.65 and a 52 week high of $23.78. The company has a 50-day simple moving average of $23.25 and a 200 day simple moving average of $22.72.

Eagle Point Credit Company Profile

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.