Eagle Point Credit Company Inc. Announces Fourth Quarter 2015 Common Distribution
December 07 2015 - 4:39PM
Business Wire
Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC,
NYSE: ECCA) today is pleased to announce the declaration of a
distribution on shares of the Company’s common stock.
The Company has declared a distribution of $0.60 per share on
its common stock, payable on January 29, 2016 to stockholders of
record as of December 31, 2015. The following schedule applies to
the distribution:
Ex-Dividend Date: December 29,
2015 Record Date: December 31, 2015 Payable Date: January 29, 2016
Amount: $0.60 per share of common stock
Distributions are generally expected to be paid from net
investment income (regular interest and dividends) but may also
include capital gains and/or a return of capital. The specific tax
characteristics of the distribution will be reported to the
Company’s shareholders on Form 1099 after the end of the 2015
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).
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 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.
Source: Eagle Point Credit Company
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version on businesswire.com: http://www.businesswire.com/news/home/20151207006422/en/
Investor Relations:Eagle Point Credit Company Inc.Kenneth P.
Onorio, 203-340-8500Chief Financial
OfficerIR@EaglePointCredit.comwww.eaglepointcreditcompany.com
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