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Eagle Point Credit Co., Inc. is a closed-end investment company. Its investment objective is to generate high current income, and generate capital appreciation by investing primarily in equity and junior debt tranches of CLOs. The company was founded on March 24, 2014 and is headquartered in Greenwich, CT.

Eagle Point Credit Dividend Announcement

Eagle Point Credit announced a quarterly dividend of $0.42 per ordinary share which will be made payable on 2024-12-31. Ex dividend date: 2024-12-16
Eagle Point Credit annual dividend for 2024 was $1.67
Eagle Point Credit annual dividend for 2023 was $1.67
Eagle Point Credit's trailing twelve-month (TTM) dividend yield is 24.95%
Eagle Point Credit's payout ratio for the trailing twelve months (TTM) is 123.92%

Eagle Point Credit Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-12-16$0.42quarterly2024-12-31
2024-09-13$0.42quarterly2024-09-30
2024-06-14$0.42quarterly2024-07-01
2024-03-14$0.42quarterly2024-04-01
2023-12-14$0.42quarterly2024-01-02
2023-09-14$0.42quarterly2023-10-02
2023-06-14$0.42quarterly2023-06-30
2023-03-14$0.42quarterly2023-03-31
2022-12-14$0.42quarterly2023-01-03
2022-09-14$0.42quarterly2022-09-30
2022-06-14$0.41quarterly2022-06-30

Eagle Point Credit Dividend per year

Eagle Point Credit Dividend growth

Eagle Point Credit Dividend Yield

Eagle Point Credit current trailing twelve-month (TTM) dividend yield is 24.95%. Interested in purchasing Eagle Point Credit stock? Use our calculator to estimate your expected dividend yield:

Eagle Point Credit Financial Ratios

P/E ratio7.75
PEG ratio-0.02
P/B ratio1.04
ROE15.41%
Payout ratio123.92%
Current ratio2.98
Quick ratio2.98
Cash Ratio1.79

Eagle Point Credit Dividend FAQ

How much is the next Eagle Point Credit dividend?
Eagle Point Credit's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Eagle Point Credit dividend. The next Eagle Point Credit dividend will be released in March, June, September, or December.
When is Eagle Point Credit dividend paid?
Eagle Point Credit pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Eagle Point Credit pay?
The specific amount of Eagle Point Credit dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Eagle Point Credit's dividend history.
Does Eagle Point Credit stock pay dividends?
Yes, Eagle Point Credit does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Eagle Point Credit's dividend history.
How much dividend does Eagle Point Credit pay?
Eagle Point Credit paid $1.672 in 2024, $1.672 in 2023, $1.249 in 2022, $0.0 in 2021, and $0.0 in 2020.
How often does Eagle Point Credit pay dividends?
Eagle Point Credit typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Eagle Point Credit's dividend yield?
The current dividend yield for Eagle Point Credit is 24.95%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Eagle Point Credit's exact dividend yield.
When does Eagle Point Credit go ex dividend?
Eagle Point Credit's ex-dividend date for the latest dividend was on 2024-12-16. Eagle Point Credit typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Eagle Point Credit dividend paid?
Eagle Point Credit pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Eagle Point Credit increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Eagle Point Credit will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Eagle Point Credit dividend per share?
Eagle Point Credit paid $1.672 per share in 2024 and $1.672 per share in 2023. The amount of dividend per share that Eagle Point Credit pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Eagle Point Credit a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Eagle Point Credit a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Eagle Point Credit a dividend stock?
Yes, Eagle Point Credit is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Eagle Point Credit a good dividend stock?
Whether Eagle Point Credit is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Eagle Point Credit has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Eagle Point Credit as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Eagle Point Credit pay dividends monthly?
Eagle Point Credit typically pays dividends on a quarterly basis.
Does Eagle Point Credit pay dividends quarterly?
Eagle Point Credit currently pays dividends on a quarterly basis.
Has Eagle Point Credit ever paid a dividend?
Yes, Eagle Point Credit has a history of paying dividends to its shareholders. Eagle Point Credit is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Eagle Point Credit dividend stocks?
To buy Eagle Point Credit you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Eagle Point Credit stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Eagle Point Credit pay dividends 2024?
Eagle Point Credit pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-31. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Eagle Point Credit increase its dividend in 2024?
Decisions regarding Eagle Point Credit dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Eagle Point Credit dividend overview you can look into the above table of dividend history.
How Eagle Point Credit dividend works?
The Eagle Point Credit dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Eagle Point Credit's dividend process works:

1. Determination of Dividend: Eagle Point Credit's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Eagle Point Credit publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Eagle Point Credit distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Eagle Point Credit are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Eagle Point Credit dividends paid?
Eagle Point Credit dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Eagle Point Credit sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Eagle Point Credit distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Eagle Point Credit declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Eagle Point Credit pay dividends?
Eagle Point Credit typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Eagle Point Credit pay dividends?
The general pattern is that Eagle Point Credit pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Eagle Point Credit dividend safe?
The safety of Eagle Point Credit's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Eagle Point Credit's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Eagle Point Credit's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.