Eagle Point Credit (NYSE:ECCC) Trading Down 0.5% – Should You Sell?

Shares of Eagle Point Credit Company Inc. (NYSE:ECCCGet Free Report) dropped 0.5% on Friday . The stock traded as low as $23.70 and last traded at $23.75. Approximately 3,127 shares were traded during trading, a decline of 9% from the average daily volume of 3,430 shares. The stock had previously closed at $23.88.

Eagle Point Credit Price Performance

The stock’s fifty day moving average is $23.50 and its 200-day moving average is $23.35.

Eagle Point Credit Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Wednesday, March 11th will be paid a $0.1354 dividend. This represents a c) annualized dividend and a dividend yield of 6.8%. The ex-dividend date of this dividend is Wednesday, March 11th.

Eagle Point Credit Company Profile

(Get Free Report)

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.

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