Eagle Point Credit: CLO Equity, Treasury Volatility, And The Preferreds [Seeking Alpha]
Eagle Point Credit Company Inc. (ECC)
NASDAQ:AMEX Investor Relations:
eaglepointcreditcompany.com/investor-relations/default.aspx
Company Research
Source: Seeking Alpha
The CEF's Series D Preferreds have sold off in response, with their $1.6875 per share annual coupon currently driving a 9.32% current yield. These benefit from an asset coverage of at least 200% for their preferreds, with the recent dividend cut also a positive for managing the dip in recurring cash flows. Bryngelzon/iStock via Getty Images Eagle Point Credit Company's ( ECC ) common shares form a somber investment, with the closed-end fund having pushed through a series of dividend cuts since 2024. The latest cut was a steep 57% from the prior monthly payout to This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of ECC.PR.D either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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ECC
News
- ECC Cut Its Dividend 57% But The Payout Is STILL Above 100% [Yahoo! Finance]Yahoo! Finance
- High Yielding ECC's CLOs Are Unrated For A Risky Reason [Yahoo! Finance]Yahoo! Finance
- 8% Bonds: FSK KKR Beats ECC On Risk [Seeking Alpha]Seeking Alpha
- Two Closed End Funds Have Yields Over 20%, But Only One Is Actually Safe To Own Right Now [Yahoo! Finance]Yahoo! Finance
- Eagle Point Credit (ECC) had its price target lowered by B. Riley Financial, Inc. from $7.00 to $4.25. They now have a "buy" rating on the stock.MarketBeat
ECC
Sec Filings
- 3/18/26 - Form 497AD
- 3/18/26 - Form 4
- 3/13/26 - Form 4
- ECC's page on the SEC website