Eagle Point Income Company Inc. Announces Increase in Common Stock Distributions for First Quarter 2024, Payable on Each of January 31, 2024, February 29, 2024 and March 28, 2024, Respectively
November 08, 2023 at 10:25 pm
Share
Eagle Point Income Company Inc. announced the declaration of distributions on shares of the Company?s common stock. The Company has declared three separate distributions of $0.20 per share on its common stock payable on each of January 31, 2024, February 29, 2024 and March 28, 2024 to stockholders of record as of January 11, 2024, February 9, 2024 and March 8, 2024, respectively. This reflects an increase of 11% from the monthly distributions during the fourth quarter of 2023.
Eagle Point Income Company Inc. is an externally managed, diversified closed-end management investment company. The Companyâs primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation. The Company seeks to achieve these objectives by investing primarily in junior debt tranches of collateralized loan obligations (CLOs) rated BB. In addition, the Company may invest up to 35% of its total assets (at the time of investment) in CLO equity securities and other securities and instruments that are consistent with its investment objectives. The Company may also invest in other securities and instruments objectives such as securities issued by other securitization vehicles. The Company may also invest in other junior debt tranches of CLOs, senior debt tranches of CLOs, loan accumulation facilities (LAF) and other related securities and instruments. The investment advisor of the Company is Eagle Point Income Management LLC.
Eagle Point Income Company Inc. Announces Increase in Common Stock Distributions for First Quarter 2024, Payable on Each of January 31, 2024, February 29, 2024 and March 28, 2024, Respectively
EAGLE POINT INCOME COMPANY INC. 
