Eagle Point Income Company Inc. (EIC) To Go Ex-Dividend on July 13th

Eagle Point Income Company Inc. (NYSE:EIC – Get Free Report) announced a monthly dividend on Tuesday, May 12th. Shareholders of record on Monday, July 13th will be paid a dividend of 0.11 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 12.3%. The ex-dividend date is Monday, July 13th.

Eagle Point Income Stock Performance

Eagle Point Income stock opened at $10.75 on Thursday. Eagle Point Income has a 1 year low of $9.17 and a 1 year high of $14.80. The company’s 50-day moving average is $9.79 and its two-hundred day moving average is $10.72.

Get Eagle Point Income alerts:

Eagle Point Income (NYSE:EIC – Get Free Report) last released its earnings results on Thursday, February 26th. The company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.03. The business had revenue of $14.50 million for the quarter, compared to analyst estimates of $14.70 million.

Institutional Trading of Eagle Point Income

Hedge funds have recently modified their holdings of the company. North Ground Capital acquired a new stake in shares of Eagle Point Income in the 3rd quarter valued at approximately $5,683,000. Freestone Capital Holdings LLC acquired a new stake in shares of Eagle Point Income in the 4th quarter valued at approximately $707,000. Alpine Global Management LLC acquired a new stake in shares of Eagle Point Income in the 3rd quarter valued at approximately $2,991,000. Penserra Capital Management LLC acquired a new stake in shares of Eagle Point Income in the 3rd quarter valued at approximately $9,959,000. Finally, TrueMark Investments LLC acquired a new stake in shares of Eagle Point Income in the 4th quarter valued at approximately $171,000.

About Eagle Point Income

(Get Free Report)

Eagle Point Income Company (NYSE: EIC) is a closed-end management investment company that primarily invests in the equity and junior debt tranches of collateralized loan obligations (CLOs). Launched in 2019 and domiciled in Maryland, the company seeks to provide shareholders with high current income and the potential for capital appreciation by focusing on structured credit opportunities. Eagle Point Income maintains a diversified portfolio of CLO equity positions, targeting both seasoned and newly issued transactions across multiple risk profiles.

The company’s investment strategy centers on identifying mispriced or underfollowed CLO tranches, where it believes its team’s deep industry expertise can add value.

Featured Articles

• Five stocks we like better than Eagle Point Income
• Oklo Stock Could Be Ready for Another Massive Run
• D-Wave Earnings Looked Weak, But Investors May Be Missing This
• Nebius Upside Expands as AI Feedback Loop Intensifies
• Insider Trades: Okta and Abbott See Buys, Micron Insiders Sell

Receive News & Ratings for Eagle Point Income Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eagle Point Income and related companies with MarketBeat.com's FREE daily email newsletter.