Eagle Point Income Company Inc. (NYSE:EIC – Get Free Report) announced a monthly dividend on Thursday, August 13th. Investors of record on Tuesday, November 10th will be given a dividend of $0.11 per share on Monday, November 30th. This represents a $1.32 annualized dividend and a dividend yield of 15.3%. The ex-dividend date of this dividend is Tuesday, November 10th.
Eagle Point Income Stock Performance
Eagle Point Income stock opened at $8.64 on Friday. Eagle Point Income has a 1 year low of $8.50 and a 1 year high of $12.37. The firm has a 50 day moving average price of $9.29 and a 200 day moving average price of $9.92.
Eagle Point Income (NYSE:EIC – Get Free Report) last issued its quarterly earnings results on Thursday, August 13th. The company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.33 by $0.04. The company had revenue of ($3.11) million for the quarter, compared to analyst estimates of $12.15 million.
Eagle Point Income Company Profile
Eagle Point Income Company, Inc (NYSE: EIC) is a closed-end management investment company focused primarily on generating current income and, to a lesser extent, capital appreciation. The company invests mainly in collateralized loan obligations (CLOs), which are securities backed by portfolios of senior secured loans made to corporate borrowers.
EIC typically invests across different levels of the CLO capital structure, including debt tranches and equity interests. Its portfolio may also include other investments related to corporate credit and structured finance.
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