Eagle Point Credit Company Inc. [ECC] Stock Forecast

Eagle Point Credit offers a high yield of 18.9% through its distributions, making it an attractive investment for some investors. The company primarily invests in collateralized loan obligations, which carry higher risk but also the potential for high returns. While the company has implemented diversification to mitigate risk, there is still the potential for systemic risk and the sustainability of the high yield is questionable. Investors should approach with caution.

Eagle Point Credit is a closed-end fund specializing in Collateralized Loan Obligations with a high dividend yield of 17%. The management sees value in the secondary market, leading to potential dividend growth and market-beating ROI. ECC's portfolio consists of senior secured loans with a B-rated classification, offering higher yield but also higher risk.

The markets had a good week, with the S&P 500 up 1.91% and the Dow Jones up 2.52%. The Dividend Harvesting Portfolio continues to perform well, generating consistent weekly income and increasing projected dividend income. I added to positions in Altria Group, Realty Income, and Eagle Point Credit in Week 131.

There are frequently two types of portfolio builders. I recommend having a wide range of exposure to the U.S. economy. These two funds offer double-digit, fully-covered yields and are paying out supplemental dividends or growing their dividends because of it.

Imagine stocks or funds that pay out their dividends once a month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These August U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by-yield (85); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >8.74% (80). Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs. Equities; 4. Fund risks/rewards. All per prices as of 8/15/23.

Eagle Point Credit offers a 17% yield, making it an attractive option for income-focused investors. ECC's loan portfolio is structured with senior secured loans, providing a layer of security in case of market collapse. Supplemental dividends have been confirmed through December 2023.

Eagle Point (ECC) came out with quarterly earnings of $0.32 per share, missing the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.43 per share a year ago.

Eagle Point Credit Co LLC (NYSE:ECC ) Q2 2023 Earnings Conference Call August 15, 2023 10:00 AM ET Company Participants Peter Sceusa - ICR Thomas Majewski - CEO & Interested Director Kenneth Onorio - CFO & COO Conference Call Participants Paul Johnson - KBW Matthew Howlett - B. Riley Securities Operator Greetings, and welcome to Eagle Point Credit Company's Second Quarter 2023 Financial Results Conference Call.

High-yield investments come with a certain degree of controversy. You're either getting a high yield because of high risk, or because of certain biases from the investment community. Here are 3 top high-yield investment ideas.

We take a look at the action in preferreds and baby bonds through the third week of July and highlight some of the key themes we are watching. Preferreds mostly rallied on the week as credit spreads continued to tighten in line with the soft landing narrative. Term preferred yields remain opaque to many income investors, resulting in inefficient pricing and opportunities.

Eagle Point Credit Company Inc. is a US stock , located in Greenwich of Ct and trading under the symbol ECC

Eagle Point Credit Company Inc. stock price is $10.02 today.

Yes, Eagle Point Credit Company Inc. is a publicly traded company.