ECC (Eagle Point Credit Co) Dividend Payout Ratio : 2.05 (As of Jun. 2024)

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What is Eagle Point Credit Co Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Eagle Point Credit Co's Dividend Payout Ratio for the months ended in Jun. 2024 was 2.05.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Eagle Point Credit Co Inc is 1.07, which seems too high.

The historical rank and industry rank for Eagle Point Credit Co's Dividend Payout Ratio or its related term are showing as below:

ECC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.11 Med: 0.51 Max: 1.07
Current: 1.07

During the past 7 years, the highest Dividend Payout Ratio of Eagle Point Credit Co was 1.07. The lowest was 0.11. And the median was 0.51.

ECC's Dividend Payout Ratio is ranked worse than
74.19% of 1023 companies
in the Asset Management industry
Industry Median: 0.68 vs ECC: 1.07

As of today (2024-12-13), the Dividend Yield % of Eagle Point Credit Co is 20.03%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Eagle Point Credit Co was 47.52%. The lowest was 1.01%. And the median was 14.14%.

Eagle Point Credit Co's Dividends per Share for the months ended in Jun. 2024 was $0.86.

During the past 12 months, Eagle Point Credit Co's average Dividends Per Share Growth Rate was 1.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -8.10% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Eagle Point Credit Co was 81.70% per year. The lowest was -21.10% per year. And the median was 0.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Eagle Point Credit Co Dividend Payout Ratio Historical Data

The historical data trend for Eagle Point Credit Co's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Eagle Point Credit Co Dividend Payout Ratio Chart

Eagle Point Credit Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.73

0.30

0.97

Eagle Point Credit Co Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Dividend Payout Ratio	Get a 7-Day Free Trial									-	2.51	1.87	0.72	2.05

Competitive Comparison of Eagle Point Credit Co's Dividend Payout Ratio

For the Asset Management subindustry, Eagle Point Credit Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Eagle Point Credit Co's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eagle Point Credit Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Eagle Point Credit Co's Dividend Payout Ratio falls into.

Eagle Point Credit Co Dividend Payout Ratio Calculation

Eagle Point Credit Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.68	/	1.74
	=	0.97

Eagle Point Credit Co's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jun. 2024 )	/	EPS without NRI (Q: Jun. 2024 )
	=	0.86	/	0.42
	=	2.05

Eagle Point Credit Co (NYSE:ECC) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Eagle Point Credit Co Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Eagle Point Credit Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Eagle Point Credit Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Eagle Point Credit Co Inc (NYSE:ECC) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 Steamboat Road, Suite 202, Greenwich, CT, USA, 06830

Website

http://www.eaglepointcreditcompany.com

Eagle Point Credit Co Inc is an externally managed, non-diversified closed-end management investment company.

Executives

Kenneth P. Onorio	officer: CFO / CCO / Secretary	600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Trident Ecc Aggregator Lp	10 percent owner	C/O STONE POINT CAPITAL LLC, 20 HORSENECK LANE, GREENWICH CT 06830
Trident Capital Ix, L.p.	10 percent owner	STONE POINT CAPITAL LLC, 20 HORSENECK LANE, GREENWICH CT 06830
Thomas P. Majewski	director, officer: Chief Executive Officer, other: Portfolio Manager	600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Oa Eagle Group Investors, Llc	other: See Remarks below	126 OTTAWA AVENUE NW, STE 500, GRAND RAPIDS MI 49503
Oa Eagle Group Investors Ii, Llc	other: See Remarks below	126 OTTAWA AVENUE NW, STE 500, GRAND RAPIDS MI 49503
Ottawa Avenue Private Capital, Llc	other: See Remarks below	126 OTTAWA AVENUE, NW, SUITE 500, GRAND RAPIDS MI 49503
Scott Johnathan Bronner	other: Affiliate of Adviser	C/O STONE POINT CAPITAL, 20 HORSENECK LANE, GREENWICH CT 06830
Kevin F. Mcdonald	director	600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Scott W. Appleby	director	600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Nauman S. Malik	other: General Counsel of Inv. Adv.	600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Paul E. Tramontano	director	600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Daniel M. Spinner	other: Portfolio Manager	600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Jerry L Tubergen	other: See Remarks below
Eagle Point Credit Management Llc	other: Investment Adviser	600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830