Eagle Point Credit Dividend
Dividend criteria checks 2/6
Eagle Point Credit is a dividend paying company with a current yield of 18.73%. Next payment date is on 31st May, 2024 with an ex-dividend date of 10th May, 2024.
Key information
18.7%
Dividend yield
111%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | 31 May 24 |
| Ex dividend date | 10 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$1.37 |
| Dividend yield forecast in 3Y | 16.5% |
Recent dividend updates
Recent updates
Eagle Point Credit: Earn A High Yield From CLOs
Apr 03I'm Betting On America With 17% Yields: ECC Year-End Update
Mar 12I'm Betting On America With Another 17% Yielder: ECC
Feb 01Eagle Point Credit: Where This 17.2% Yield Might Fit Into Your Portfolio
Jan 08Worried About A Recession? Time To Maximize Your Income: ECC
Dec 11Eagle Point Credit Presents Financial Strength With A Solid Technical Perspective
Nov 18ECC: Avoid The Riskiest Part Of The CLO Structure (Rating Downgrade)
Nov 01ECC And OXLC: Climbing The CLO Learning Curve
Oct 17Wake Up And Smell The Cash Flow: ECC Yield 17%
Sep 28Eagle Point Credit: Appealing NAV Price And Solid Performance
Sep 18Eagle Point Credit: Analyzing Q2 2023 Earnings Results
Aug 15Earn 17% Betting On America: Eagle Point Credit
Jul 04Eagle Point Credit Q4 2022 Earnings Preview
Feb 21Eagle Point Credit Company Is Not Suitable For (Most) Retirees Today
Feb 01ECC: Chasing A Double-Digit Yield Paid Monthly
Jan 15Eagle Point Credit goes ex dividend tomorrow
Jan 09Eagle Point Credit, 'Reading The Tea Leaves' In Its Monthly Report
Nov 11OXLC And ECC: Highlighting CLO Equity CEF Misconceptions
Oct 31ECC: The 2 Big Hurdles To Good Returns
Oct 172008 Vs. 2022: The CLO Industry - Eagle Point Credit CEO Tom Majewski
Oct 11Eagle Point Credit: 16% Yield, 6% Discount, Monthly Payer
Oct 02ECC And OXLC: Watch High Yield Spreads For Signal To Buy
Aug 27Eagle Point Credit NII of $0.43 beats by $0.06
Aug 16ECC: The Story Of 1% Total Annual Returns For 5 Years
Jul 25Eagle Point Credit: 13% Yield, Monthly Payer, Strong Q1 2022, Low Premium To NAV
Jun 03Eagle Point Credit Company: Examining The Fund Amidst Market Turmoil
May 24Eagle Point Credit Company: The Top Of The Risk Pyramid
Oct 07Eagle Point raises additional $3.4M as underwriters buy shares in preferred stock offering
Jun 21Why I Have Been Buying Eagle Point Credit Company
Jan 05Eagle Point Credit Company Inc. 2020 Q3 - Results - Earnings Call Presentation
Nov 17Eagle Point Credit declares $0.08 dividend
Nov 13Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ECC's dividend payments have been volatile in the past 10 years.
Growing Dividend: ECC's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Eagle Point Credit Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ECC) | 18.7% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Capital Markets) | 2.3% |
| Analyst forecast in 3 Years (ECC) | 16.5% |
Notable Dividend: ECC's dividend (18.73%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: ECC's dividend (18.73%) is in the top 25% of dividend payers in the US market (4.73%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (110.6%), ECC's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ECC is paying a dividend but the company has no free cash flows.