Eagle Point Credit: So, It Finally Happened [Seeking Alpha]
Eagle Point Credit Company Inc. (ECC)
NASDAQ:AMEX Investor Relations:
eaglepointcreditcompany.com/investor-relations/default.aspx
Company Research
Source: Seeking Alpha
Eagle Point Credit: So, It Finally HappenedApr. 17, 2020 1:14 AM ET|About:Eagle Point Credit Company Inc. (ECC)by: Michael FosterClosed-end funds, dividend investing, fund holdingsContrarian OutlookSummaryEagle Point Credit cut its dividend by 60%; I warned investors this was inevitable just seven months ago.ECC's NAV was falling precipitously before the COVID-19 crisis; now its NAV is falling even further.The company's business model is becoming increasingly uneconomical and, without Fed support, ECC is likely to face a death spiral.When I said Eagle Point Credit Company (NYSE:cut distributionsThe Long Story of ECC’s Collapsing NAVThere actually was a way to anticipate this dividend cut (the first in ECC’s history), as the company followed a pattern that has been set by other dividend cutters in the past: they announced the cut late.Declaration DateDividend Amount4/15/200.0801/02/200.210/01/1907/01/1907/01/2004/01/20I’ll spare the monotony, except to say ECC has consistently declare
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ECC
News
- Eagle Point Credit Company Inc. Prices $100 Million Public Offering of NotesBusiness Wire
- Eagle Point Credit Company Inc. Announces Offering of NotesBusiness Wire
- Eagle Point Credit: Is This 21% Yield Sustainable? [Seeking Alpha]Seeking Alpha
- Eagle Point Institutional Income Fund Generates 9.9% Annual Net Return and Exceeds $150 Million in Assets [Yahoo! Finance]Yahoo! Finance
- Eagle Point Credit Company Inc. Announces Third Quarter 2024 Financial ResultsBusiness Wire
ECC
Sec Filings
- 12/16/24 - Form 497AD
- 12/16/24 - Form CERT
- 12/10/24 - Form 8-A12B
- ECC's page on the SEC website