Eagle Point Income Company Inc. (NYSE:EIC) Plans $0.20 Dividend

Posted by Bonnie Powley on Apr 8th, 2025

Eagle Point Income Company Inc. (NYSE:EIC – Get Free Report) announced a dividend on Wednesday, February 12th, NASDAQ Dividends reports. Stockholders of record on Thursday, April 10th will be paid a dividend of 0.20 per share on Wednesday, April 30th. The ex-dividend date is Thursday, April 10th.

Eagle Point Income has raised its dividend payment by an average of 27.2% annually over the last three years.

Eagle Point Income Price Performance

Shares of NYSE EIC opened at $13.53 on Tuesday. Eagle Point Income has a 1 year low of $12.73 and a 1 year high of $16.71. The firm has a 50-day moving average of $15.49 and a 200 day moving average of $15.72.

Eagle Point Income (NYSE:EIC – Get Free Report) last released its earnings results on Thursday, February 20th. The company reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($0.08). The firm had revenue of $13.67 million for the quarter, compared to analysts’ expectations of $13.54 million.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. B. Riley raised Eagle Point Income to a “strong-buy” rating in a research report on Tuesday, January 7th. LADENBURG THALM/SH SH raised shares of Eagle Point Income to a “strong-buy” rating in a report on Thursday, January 16th.

Check Out Our Latest Research Report on Eagle Point Income

Eagle Point Income Company Profile

(Get Free Report)

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.