Eagle Point Income Company Inc. Announces Fourth Quarter and Full Year 2023 Financial Results
Eagle Point Income Company Inc. (EIC)
Company Research
Source: Business Wire
GREENWICH, Conn.--(BUSINESS WIRE)--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB) today announced financial results for the quarter and full year ended December 31, 2023 and certain additional activity through February 15, 2024.“Eagle Point Income Company capped off an outstanding 2023 with another quarter of strong cash flows and growing net assets,” said Thomas P. Majewski, Chairman and Chief Executive Officer. “During the quarter, we generated net income comfortably in excess of our common distributions. We grew our net asset value per share by over 2% for the quarter and 11% for the full year. We also recently increased our monthly common distribution beginning in January 2024 by an additional 11% to $0.20 per share. This is the highest monthly common distribution amount in our history. With many investors focused on ‘higher for longer’ rate scenarios, we believe the Company is very well positioned for a strong 2024.”FOURTH QUARTER 2023 RESULTSNet asse
Show less
Read more
Impact Snapshot
Event Time:
EIC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
EIC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
EIC alerts
High impacting Eagle Point Income Company Inc. news events
Weekly update
A roundup of the hottest topics
EIC
News
- EICC: New Preferred Equity From This CEF [Seeking Alpha]Seeking Alpha
- Eagle Point Income: A Less Risky CLO Alternative To ECC [Seeking Alpha]Seeking Alpha
- CEF Weekly Review: Some Funds Are Locking In High Leverage Costs [Seeking Alpha]Seeking Alpha
- Eagle Point Income Company Inc. Prices Offering of Preferred StockBusiness Wire
- Eagle Point Income Company Inc. Announces Offering of Preferred StockBusiness Wire
EIC
Sec Filings
- 4/25/24 - Form 424B3
- 4/15/24 - Form 497AD
- 4/11/24 - Form 8-K
- EIC's page on the SEC website