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

Eagle Point Income Company Inc. (NYSE:EICGet Free Report) announced a dividend on Wednesday, November 6th,NASDAQ Dividends reports. Shareholders of record on Monday, January 13th will be paid a dividend of 0.20 per share on Friday, January 31st. The ex-dividend date is Monday, January 13th.

Eagle Point Income has increased its dividend by an average of 28.7% annually over the last three years.

Eagle Point Income Stock Performance

Shares of EIC stock opened at $16.38 on Friday. Eagle Point Income has a 12 month low of $14.78 and a 12 month high of $16.75. The firm has a fifty day simple moving average of $15.74 and a two-hundred day simple moving average of $15.78.

Analyst Ratings Changes

Separately, B. Riley raised shares of Eagle Point Income to a “strong-buy” rating in a research report on Tuesday.

Read Our Latest Stock Analysis 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.

Featured Stories

Dividend History for Eagle Point Income (NYSE:EIC)

Receive News & Ratings for Eagle Point Income Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eagle Point Income and related companies with MarketBeat.com's FREE daily email newsletter.