Eagle Point Income Company Inc. (NYSE:EIC) Declares Monthly Dividend of $0.11

Eagle Point Income Company Inc. (NYSE:EIC) declared a monthly dividend on Thursday, November 13th. Stockholders of record on Monday, February 9th will be given a dividend of 0.11 per share on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 11.2%. The ex-dividend date of this dividend is Monday, February 9th.

Eagle Point Income Stock Performance

Shares of EIC stock traded down $0.17 on Friday, reaching $11.81. The stock had a trading volume of 74,089 shares, compared to its average volume of 251,901. Eagle Point Income has a 1 year low of $11.68 and a 1 year high of $16.39. The company has a 50 day simple moving average of $12.82 and a 200 day simple moving average of $13.27.

Eagle Point Income (NYSE:EIC) last posted its quarterly earnings data on Thursday, November 13th. The company reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.03.

Eagle Point Income Company Profile

About Eagle Point Income Company is a non-diversified,closed-end management investment company. The Company’s primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation, by investing primarily in junior debt tranches of CLOs. In addition, the Company may invest up to 20% of its total assets (at the time of investment) in CLO equity securities and related securities and instruments.