Eagle Point Credit Company Inc. Announces Third Quarter 2016 Common Distribution
Eagle Point Credit Company Inc. (the “Company”) (NYSE:ECC, NYSE:ECCA, NYSE:ECCZ) 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 October 31, 2016 to stockholders of
record as of September 30, 2016. The following schedule applies to the distribution:
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Ex-Dividend Date: |
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September 28, 2016 |
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Record Date: |
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September 30, 2016 |
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Payable Date: |
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October 31, 2016 |
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Amount: |
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$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 2016 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.
Source: Eagle Point Credit Company Inc.
Investor Relations:
Eagle Point Credit Company Inc.
Kenneth P. Onorio, 203-340-8500
Chief Financial Officer
IR@EaglePointCredit.com
www.eaglepointcreditcompany.com
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