Eagle Point Credit Company Inc - 6.50% PRF SR C declares $0.1354 dividend
Dividend Declaration: Eagle Point Credit Company Inc. has declared a quarterly dividend of $0.1354 per share, with a forward yield of 2.41%, payable on July 31 to shareholders of record as of July 11.
Financial Performance: The company reported a modest beat in Q1 net investment income (NII) and continues to provide high-yield income despite a declining net asset value (NAV).
Trade with 70% Backtested Accuracy
Analyst Views on ECCC
No data
About ECCC
About the author
Eagle Point Credit Company Announces Redemption of Notes
- Bond Redemption Announcement: Eagle Point Credit Company has announced the redemption of all outstanding 6.75% and 6.6875% notes on May 8, 2026, at a price of $25.00 plus accrued interest, reflecting the company's proactive debt management approach.
- Delisting from Exchange: Following the redemption, these notes will be delisted from the New York Stock Exchange, indicating a reduction in liabilities and an optimization of the capital structure, thereby enhancing financial flexibility.
- Management and Investment Strategy: As a non-diversified closed-end management investment company, Eagle Point's primary investment objective is to generate high current income, and the redemption of these notes will support its secondary goal of capital appreciation.
- Investor Information Transparency: The company provides financial information to investors through its website and other public disclosures, ensuring transparency and boosting investor confidence in compliance with SEC regulatory requirements.
Eagle Point Credit Company Announces Full Redemption of 8% Series F Preferred Stock
- Redemption Announcement: Eagle Point Credit Company has announced the full redemption of its 8.00% Series F Preferred Stock on January 30, 2026, at a price of $25 per share, reflecting the company's ongoing efforts to optimize its capital structure and reduce financing costs.
- Shareholder Rights Impact: Following the redemption, the Series F Preferred Stock will no longer be considered outstanding, and all rights of shareholders will cease except for the right to receive the redemption price, which may affect future income expectations for investors.
- Payment Process: The redemption agent, Equiniti Trust Company, will handle the payment through The Depository Trust Company, ensuring a smooth redemption process that enhances investor confidence in the company's financial management.
- Company Overview: Eagle Point Credit Company is a non-diversified, closed-end management investment company primarily investing in equity and junior debt tranches of collateralized loan obligations to achieve high current income and capital gains objectives.
Eagle Point Credit Company Announces Full Redemption of 8% Series F Preferred Stock
- Redemption Announcement: Eagle Point Credit Company has announced the full redemption of its 8.00% Series F Preferred Stock on January 30, 2026, at a price of $25 per share, reflecting the company's ongoing efforts to optimize its capital structure and reduce financing costs.
- Shareholder Rights Impact: Following the redemption, the Series F Preferred Stock will no longer be considered outstanding, and all rights of the shareholders will cease except for the right to receive the redemption price, ensuring transparency in capital management.
- Dividend Payment Arrangement: The dividend payable on January 30, 2026, will be paid in cash to holders of record as of January 12, 2026, ensuring that shareholders still receive their entitled earnings during the redemption process, which enhances investor confidence.
- Company Overview: Eagle Point Credit Company is a non-diversified closed-end management investment company primarily investing in equity and junior debt tranches of collateralized loan obligations, aiming to generate high current income and capital gains, showcasing its specialized positioning in the market.
B. Riley Securities Upholds Buy Rating for Eagle Point Credit Company Inc. - Preferred Stock (ECCC)
Analyst Recommendation: B. Riley Securities has maintained a Buy recommendation for Eagle Point Credit Company Inc. - Preferred Stock (NYSE:ECCC) as of November 20, 2025.
Price Target and Upside: The average one-year price target for ECCC is $31.54/share, indicating a potential upside of 34.80% from its recent closing price of $23.40/share.
Projected Revenue and EPS: Eagle Point Credit Company is projected to have an annual revenue of $174 million, reflecting an 11.81% decrease, with a non-GAAP EPS forecast of 1.76.
Institutional Holdings: There are currently 2 funds reporting positions in ECCC, with total institutional shares remaining unchanged at 1,000 shares over the last quarter.
Eagle Point Credit Company Inc - 6.50% PRF SR C declares $0.1354 dividend
Dividend Declaration: Eagle Point Credit Company Inc. has declared a quarterly dividend of $0.1354 per share, with a forward yield of 2.41%, payable on July 31 to shareholders of record as of July 11.
Financial Performance: The company reported a modest beat in Q1 net investment income (NII) and continues to provide high-yield income despite a declining net asset value (NAV).
Eagle Point Credit Company Inc. Announces First Quarter 2025 Financial Results and Declares Third Quarter 2025 Common and Preferred Distributions
Financial Performance Overview: Eagle Point Credit Company reported a net asset value (NAV) of $7.23 per common share as of March 31, 2025, with a net investment income of $0.28 per share and a GAAP net loss of $97.5 million due to unrealized depreciation on investments.
Investment Activity and Distributions: The company deployed nearly $200 million into new investments during the first quarter and declared monthly distributions of $0.14 per share for the third quarter of 2025, alongside distributions for its preferred stock series.
Eagle Point Credit Company Announces Redemption of Notes
- Bond Redemption Announcement: Eagle Point Credit Company has announced the redemption of all outstanding 6.75% and 6.6875% notes on May 8, 2026, at a price of $25.00 plus accrued interest, reflecting the company's proactive debt management approach.
- Delisting from Exchange: Following the redemption, these notes will be delisted from the New York Stock Exchange, indicating a reduction in liabilities and an optimization of the capital structure, thereby enhancing financial flexibility.
- Management and Investment Strategy: As a non-diversified closed-end management investment company, Eagle Point's primary investment objective is to generate high current income, and the redemption of these notes will support its secondary goal of capital appreciation.
- Investor Information Transparency: The company provides financial information to investors through its website and other public disclosures, ensuring transparency and boosting investor confidence in compliance with SEC regulatory requirements.
Eagle Point Credit Company Announces Full Redemption of 8% Series F Preferred Stock
- Redemption Announcement: Eagle Point Credit Company has announced the full redemption of its 8.00% Series F Preferred Stock on January 30, 2026, at a price of $25 per share, reflecting the company's ongoing efforts to optimize its capital structure and reduce financing costs.
- Shareholder Rights Impact: Following the redemption, the Series F Preferred Stock will no longer be considered outstanding, and all rights of shareholders will cease except for the right to receive the redemption price, which may affect future income expectations for investors.
- Payment Process: The redemption agent, Equiniti Trust Company, will handle the payment through The Depository Trust Company, ensuring a smooth redemption process that enhances investor confidence in the company's financial management.
- Company Overview: Eagle Point Credit Company is a non-diversified, closed-end management investment company primarily investing in equity and junior debt tranches of collateralized loan obligations to achieve high current income and capital gains objectives.
Eagle Point Credit Company Announces Full Redemption of 8% Series F Preferred Stock
- Redemption Announcement: Eagle Point Credit Company has announced the full redemption of its 8.00% Series F Preferred Stock on January 30, 2026, at a price of $25 per share, reflecting the company's ongoing efforts to optimize its capital structure and reduce financing costs.
- Shareholder Rights Impact: Following the redemption, the Series F Preferred Stock will no longer be considered outstanding, and all rights of the shareholders will cease except for the right to receive the redemption price, ensuring transparency in capital management.
- Dividend Payment Arrangement: The dividend payable on January 30, 2026, will be paid in cash to holders of record as of January 12, 2026, ensuring that shareholders still receive their entitled earnings during the redemption process, which enhances investor confidence.
- Company Overview: Eagle Point Credit Company is a non-diversified closed-end management investment company primarily investing in equity and junior debt tranches of collateralized loan obligations, aiming to generate high current income and capital gains, showcasing its specialized positioning in the market.
B. Riley Securities Upholds Buy Rating for Eagle Point Credit Company Inc. - Preferred Stock (ECCC)
Analyst Recommendation: B. Riley Securities has maintained a Buy recommendation for Eagle Point Credit Company Inc. - Preferred Stock (NYSE:ECCC) as of November 20, 2025.
Price Target and Upside: The average one-year price target for ECCC is $31.54/share, indicating a potential upside of 34.80% from its recent closing price of $23.40/share.
Projected Revenue and EPS: Eagle Point Credit Company is projected to have an annual revenue of $174 million, reflecting an 11.81% decrease, with a non-GAAP EPS forecast of 1.76.
Institutional Holdings: There are currently 2 funds reporting positions in ECCC, with total institutional shares remaining unchanged at 1,000 shares over the last quarter.
Eagle Point Credit Company Inc - 6.50% PRF SR C declares $0.1354 dividend
Dividend Declaration: Eagle Point Credit Company Inc. has declared a quarterly dividend of $0.1354 per share, with a forward yield of 2.41%, payable on July 31 to shareholders of record as of July 11.
Financial Performance: The company reported a modest beat in Q1 net investment income (NII) and continues to provide high-yield income despite a declining net asset value (NAV).
Eagle Point Credit Company Inc. Announces First Quarter 2025 Financial Results and Declares Third Quarter 2025 Common and Preferred Distributions
Financial Performance Overview: Eagle Point Credit Company reported a net asset value (NAV) of $7.23 per common share as of March 31, 2025, with a net investment income of $0.28 per share and a GAAP net loss of $97.5 million due to unrealized depreciation on investments.
Investment Activity and Distributions: The company deployed nearly $200 million into new investments during the first quarter and declared monthly distributions of $0.14 per share for the third quarter of 2025, alongside distributions for its preferred stock series.
