Eagle Point Credit Company Inc. (NYSE:ECC) Announces $0.06 Monthly Dividend

Posted by Stanley Muller on May 13th, 2026

Eagle Point Credit Company Inc. (NYSE:ECC – Get Free Report) announced a monthly dividend on Tuesday, May 12th. Investors of record on Thursday, September 10th will be paid a dividend of 0.06 per share by the investment management company on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 17.7%. The ex-dividend date of this dividend is Thursday, September 10th.

Eagle Point Credit has raised its dividend payment by an average of 0.1%annually over the last three years. Eagle Point Credit has a dividend payout ratio of 176.6% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Eagle Point Credit to earn $0.86 per share next year, which means the company may not be able to cover its $1.66 annual dividend with an expected future payout ratio of 193.0%.

Eagle Point Credit Stock Down 0.1%

Eagle Point Credit stock traded down $0.01 during mid-day trading on Wednesday, hitting $4.08. The company had a trading volume of 573,704 shares, compared to its average volume of 2,024,591. The stock has a market cap of $538.76 million, a price-to-earnings ratio of 21.45 and a beta of 0.35. Eagle Point Credit has a 1 year low of $3.46 and a 1 year high of $7.99. The business has a fifty day moving average of $3.93 and a 200 day moving average of $5.01.

Insider Activity

In other Eagle Point Credit news, Portfolio Manager Daniel W. Ko bought 57,165 shares of the stock in a transaction dated Wednesday, March 18th. The shares were acquired at an average cost of $3.50 per share, for a total transaction of $200,077.50. Following the completion of the transaction, the portfolio manager owned 82,665 shares in the company, valued at approximately $289,327.50. The trade was a 224.18% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.26% of the company’s stock.

Hedge Funds Weigh In On Eagle Point Credit

A number of hedge funds have recently modified their holdings of the business. PNC Financial Services Group Inc. grew its position in shares of Eagle Point Credit by 3,944.6% during the first quarter. PNC Financial Services Group Inc. now owns 56,624 shares of the investment management company’s stock worth $213,000 after acquiring an additional 55,224 shares during the last quarter. Legacy Wealth Managment LLC ID grew its position in shares of Eagle Point Credit by 2.2% during the first quarter. Legacy Wealth Managment LLC ID now owns 575,559 shares of the investment management company’s stock worth $2,164,000 after acquiring an additional 12,253 shares during the last quarter. Essex Financial Services Inc. grew its position in Eagle Point Credit by 32.9% in the 1st quarter. Essex Financial Services Inc. now owns 30,408 shares of the investment management company’s stock valued at $114,000 after buying an additional 7,524 shares during the last quarter. Ferguson Shapiro LLC grew its position in Eagle Point Credit by 10.2% in the 1st quarter. Ferguson Shapiro LLC now owns 32,624 shares of the investment management company’s stock valued at $123,000 after buying an additional 3,008 shares during the last quarter. Finally, Keudell Morrison Wealth Management purchased a new position in Eagle Point Credit in the 1st quarter valued at $270,000. 19.50% of the stock is currently owned by hedge funds and other institutional investors.

About Eagle Point Credit

(Get Free Report)

Eagle Point Credit Company is a closed-end, non-diversified management investment company that seeks to generate attractive risk-adjusted returns primarily through investments in collateralized loan obligations (CLOs) and related structured credit instruments. The firm is externally managed by Eagle Point Credit Management, LLC, a specialized credit asset manager focused on the structured credit markets. Eagle Point Credit Company’s shares trade on the New York Stock Exchange under the ticker symbol ECC.

The company’s investment strategy centers on acquiring both equity and debt tranches of actively managed CLOs alongside opportunistic positions in senior secured loans, high-yield bonds and credit derivatives.