Media coverage about Eagle Point Credit (NYSE:ECC) has trended somewhat positive on Thursday, according to Accern Sentiment. Accern scores the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Eagle Point Credit earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news coverage about the investment management company an impact score of 45.3665375503844 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Shares of Eagle Point Credit (NYSE ECC) opened at $18.12 on Thursday. The company has a current ratio of 3.25, a quick ratio of 3.25 and a debt-to-equity ratio of 0.18. The stock has a market cap of $338.26, a PE ratio of 7.19 and a beta of 0.21. Eagle Point Credit has a 1 year low of $17.28 and a 1 year high of $22.11.
The company also recently declared a monthly dividend, which will be paid on Wednesday, February 28th. Investors of record on Monday, February 12th will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Friday, February 9th. This represents a $2.40 annualized dividend and a yield of 13.25%. Eagle Point Credit’s payout ratio is 95.24%.
COPYRIGHT VIOLATION NOTICE: “Eagle Point Credit (ECC) Receiving Somewhat Favorable News Coverage, Study Shows” was first posted by Week Herald and is the sole property of of Week Herald. If you are reading this report on another website, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The legal version of this report can be viewed at https://weekherald.com/2018/02/22/eagle-point-credit-ecc-receiving-somewhat-favorable-news-coverage-study-shows.html.
Eagle Point Credit Company Profile
Eagle Point Credit Company Inc 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. The Company primarily invests in equity and junior debt tranches of collateralized loan obligations (CLOs) that are collateralized by a portfolio consisting primarily of the below investment grade United States senior secured loans.
Receive News & Ratings for Eagle Point Credit Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eagle Point Credit and related companies with MarketBeat.com's FREE daily email newsletter.