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

Eagle Point Credit Company Inc. (NYSE:ECCC) announced a dividend on Saturday, January 11th,investing.com reports. Shareholders of record on Tuesday, January 14th will be given a dividend of 0.1354 per share on Friday, January 31st. This represents a yield of 7.08%. The ex-dividend date is Monday, January 13th.

Eagle Point Credit Trading Up 0.5 %

Shares of ECCC stock traded up $0.12 during mid-day trading on Friday, reaching $22.96. The stock had a trading volume of 4,514 shares, compared to its average volume of 2,969. Eagle Point Credit has a 12-month low of $21.62 and a 12-month high of $24.89. The business has a 50-day simple moving average of $23.35 and a 200 day simple moving average of $23.03.

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.