Eagle Point Credit Company Inc. Announces Second Quarter 2017 Preferred Distributions
04 4월 2017 - 5:30AM
Business Wire
Eagle Point Credit Company Inc. (the “Company”) (NYSE:ECC,
NYSE:ECCA, NYSE:ECCB, NYSE:ECCZ) is pleased to announce the
declaration of distributions on shares of the Company’s 7.75%
Series A Term Preferred Stock due 2022 and 7.75% Series B Term
Preferred Stock due 2026 (collectively, the “Preferred Stock”).
The Company has declared a distribution of $0.161459 per share
on its Preferred Stock, payable on each of April 28, 2017, May 31,
2017 and June 30, 2017. The following schedule applies to the
distributions:
Ex-Dividend Date Record Date
Payable Date
Amount per share ofPreferred Stock
April 12, 2017 April 17, 2017
April 28, 2017 $0.161459 May 11, 2017
May 15, 2017 May 31, 2017
$0.161459 June 13, 2017
June 15, 2017 June 30, 2017
$0.161459
The distributions on the Preferred Stock reflect an annual
distribution rate of 7.75% of the $25 liquidation preference per
share of the Preferred Stock for each of April, May and June.
The specific tax characteristics of the distributions will be
reported to the Company’s preferred stockholders on Form 1099 after
the end of the 2017 calendar year.
ABOUT EAGLE POINT CREDIT COMPANY
The Company is a non-diversified, closed-end management
investment company. The Company’s investment objectives are to
generate high current income and capital appreciation primarily
through investment in equity and junior debt tranches of
collateralized loan obligations. The Company is externally managed
and advised by Eagle Point Credit Management LLC. The principals of
Eagle Point Credit Management LLC are Thomas P. Majewski, Daniel W.
Ko and Daniel M. Spinner.
The Company makes certain unaudited portfolio information
available each month on its website in addition to making certain
other unaudited financial information available on its website
(www.eaglepointcreditcompany.com). This information includes (1) an
estimated range of the Company’s net investment income (“NII”) and
realized capital gains or losses per share of common stock for each
calendar quarter end, generally made available within the first
fifteen days after the applicable calendar month end, (2) an
estimated range of the Company’s NAV per share of common stock for
the prior month end and certain additional portfolio-level
information, generally made available within the first fifteen days
after the applicable calendar month end, and (3) during the latter
part of each month, an updated estimate of NAV, if applicable, and,
with respect to each calendar quarter end, an updated estimate of
the Company’s NII and realized capital gains or losses for the
applicable quarter, if available.
FORWARD-LOOKING STATEMENTS
This press release may contain “forward-looking statements”
within the meaning of the Private Securities Litigation Reform Act
of 1995. Statements other than statements of historical facts
included in this press release may constitute forward-looking
statements and are not guarantees of future performance or results
and involve a number of risks and uncertainties. Actual results may
differ materially from those in the forward-looking statements as a
result of a number of factors, including those described in the
Company’s filings with the U.S. Securities and Exchange Commission
(“SEC”). The Company undertakes no duty to update any
forward-looking statement made herein. All forward-looking
statements speak only as of the date of this press release.
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version on businesswire.com: http://www.businesswire.com/news/home/20170403006542/en/
Investor Relations:Eagle Point Credit Company Inc.Kyle McGrady,
203-340-8510IR@EaglePointCredit.comwww.eaglepointcreditcompany.com
Eagle Point Credit Company Inc. 7.00% Notes Due 2020 (delisted) (NYSE:ECCZ)
과거 데이터 주식 차트
부터 9월(9) 2024 으로 10월(10) 2024
Eagle Point Credit Company Inc. 7.00% Notes Due 2020 (delisted) (NYSE:ECCZ)
과거 데이터 주식 차트
부터 10월(10) 2023 으로 10월(10) 2024