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Eagle Point Credit Co (Eagle Point Credit Co) Dividend Yield % : 7.75% (As of May. 11, 2024)


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What is Eagle Point Credit Co Dividend Yield %?

As of today (2024-05-11), the Trailing Annual Dividend Yield of Eagle Point Credit Co is 7.75%.

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

ECCB.PFD' s Dividend Yield % Range Over the Past 10 Years
Min: 1.01   Med: 13.68   Max: 47.52
Current: 7.75

During the past 7 years, the highest Dividend Yield of Eagle Point Credit Co was 47.52%. The lowest was 1.01%. And the median was 13.68%.

ECCB.PFD's Dividend Yield % is ranked better than
97.53% of 1215 companies
in the Asset Management industry
Industry Median: 5.57 vs ECCB.PFD: 7.75

Eagle Point Credit Co's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.00.

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 1.04, which seems too high.

During the past 7 years, the highest Dividend Payout Ratio of Eagle Point Credit Co was 0.97. The lowest was 0.11. And the median was 0.51.

As of today (2024-05-11), the Forward Dividend Yield % of Eagle Point Credit Co is 0.00%.

Eagle Point Credit Co's Dividends per Share for the six months ended in Dec. 2023 was $0.00.

During the past 12 months, Eagle Point Credit Co's average Dividends Per Share Growth Rate was 2.40% 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.


Eagle Point Credit Co Dividend Yield % Historical Data

The historical data trend for Eagle Point Credit Co's Dividend Yield % 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.

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Eagle Point Credit Co Dividend Yield % Chart

Eagle Point Credit Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
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Eagle Point Credit Co Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Eagle Point Credit Co's Dividend Yield %

For the Asset Management subindustry, Eagle Point Credit Co's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Yield % Distribution in the Asset Management Industry

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

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



Eagle Point Credit Co Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.


Eagle Point Credit Co  (NYSE:ECCB.PFD) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Eagle Point Credit Co Dividend Yield % Related Terms

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Eagle Point Credit Co (Eagle Point Credit Co) Business Description

Traded in Other Exchanges
Address
600 Steamboat Road, Suite 202, Greenwich, CT, USA, 06830
Eagle Point Credit Co Inc is an externally managed, non-diversified closed-end management investment company.

Eagle Point Credit Co (Eagle Point Credit Co) Headlines

From GuruFocus

Eagle Point Credit Company Inc. Announces Offering of Notes

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