{"id":758247,"date":"2023-05-11T19:56:56","date_gmt":"2023-05-11T23:56:56","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/eagle-point-income-company-inc-announces-third-quarter-2023-common-and-preferred-distributions\/"},"modified":"2023-05-11T19:56:56","modified_gmt":"2023-05-11T23:56:56","slug":"eagle-point-income-company-inc-announces-third-quarter-2023-common-and-preferred-distributions","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/eagle-point-income-company-inc-announces-third-quarter-2023-common-and-preferred-distributions\/","title":{"rendered":"Eagle Point Income Company Inc. Announces Third Quarter 2023 Common and Preferred Distributions"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwblockalignc { margin-left: auto; margin-right: auto }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwleftsingle { border-left: solid black 1pt }\n.bwpadl0 { padding-left: 0px }\n.bwpadr0 { padding-right: 0px }\n.bwrightsingle { border-right: solid black 1pt }\n.bwrowaltcolor1 { background-color: #d3d3d3 }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwtopsingle { border-top: solid black 1pt }\n.bwvertalignb { vertical-align: bottom }\n.bwwidth100 { width: 100% }\n.bwwidth30 { width: 30% }\n.bwwidth31 { width: 31% }\n.bwwidth39 { width: 39% }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Eagle Point Income Company Inc. Announces Third Quarter 2023 Common and Preferred Distributions<\/b><\/p>\n<p>GREENWICH, Conn.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nEagle Point Income Company Inc. (the \u201cCompany\u201d) (NYSE: EIC, EICA) today is pleased to announce the declaration of distributions on shares of the Company\u2019s common stock.<\/p>\n<p>\nThe Company has declared three separate distributions of $0.16 per share on its common stock payable on each of July 31, 2023, August 31, 2023 and September 29, 2023 to stockholders of record as of July 11, 2023, August 11, 2023 and September 11, 2023, respectively.<\/p>\n<p>\nThe following schedule applies to the distributions:<\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignc bwwidth100\">\n<tr>\n<td class=\"bwtopsingle bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwrowaltcolor1 bwwidth30\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nRecord Date<\/p>\n<\/td>\n<td class=\"bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwrowaltcolor1 bwwidth31\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nPayable Date<\/p>\n<\/td>\n<td class=\"bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwrowaltcolor1 bwwidth39\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nAmount per common share<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth30\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nJuly 11, 2023<\/p>\n<\/td>\n<td class=\"bwvertalignb bwsinglebottom bwrightsingle bwpadl0 bwwidth31\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nJuly 31, 2023<\/p>\n<\/td>\n<td class=\"bwvertalignb bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwalignc bwwidth39\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n$0.16<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth30\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nAugust 11, 2023<\/p>\n<\/td>\n<td class=\"bwvertalignb bwsinglebottom bwrightsingle bwpadl0 bwwidth31\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nAugust 31, 2023<\/p>\n<\/td>\n<td class=\"bwvertalignb bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwalignc bwwidth39\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n$0.16<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth30\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nSeptember 11, 2023<\/p>\n<\/td>\n<td class=\"bwvertalignb bwsinglebottom bwrightsingle bwpadl0 bwwidth31\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nSeptember 29, 2023<\/p>\n<\/td>\n<td class=\"bwvertalignb bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwalignc bwwidth39\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n$0.16<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p>\nDistributions on common stock are generally paid from net investment income (regular interest and dividends) and may also include capital gains and\/or a return of capital. The specific tax characteristics of the distributions will be reported to the Company\u2019s stockholders on Form 1099 after the end of the 2023 calendar year.<\/p>\n<p>\nThe Company is also pleased to announce the declaration of distributions on shares of the Company\u2019s 5.00% Series A Term Preferred Stock due 2026 (the \u201cSeries A Term Preferred Stock\u201d). The following schedule applies to the distributions:<\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth100\">\n<tr>\n<td class=\"bwtopsingle bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwrowaltcolor1 bwwidth30\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nRecord Date<\/p>\n<\/td>\n<td class=\"bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwrowaltcolor1 bwwidth31\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nPayable Date<\/p>\n<\/td>\n<td class=\"bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwrowaltcolor1 bwwidth39\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nAmount per share of Series A Term Preferred Stock<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth30\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nJuly 11, 2023<\/p>\n<\/td>\n<td class=\"bwvertalignb bwsinglebottom bwrightsingle bwpadl0 bwwidth31\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nJuly 31, 2023<\/p>\n<\/td>\n<td class=\"bwvertalignb bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwwidth39 bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n$0.104167<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth30\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nAugust 11, 2023<\/p>\n<\/td>\n<td class=\"bwvertalignb bwsinglebottom bwrightsingle bwpadl0 bwwidth31\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nAugust 31, 2023<\/p>\n<\/td>\n<td class=\"bwvertalignb bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwwidth39 bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n$0.104167<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth30\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nSeptember 11, 2023<\/p>\n<\/td>\n<td class=\"bwvertalignb bwsinglebottom bwrightsingle bwpadl0 bwwidth31\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nSeptember 29, 2023<\/p>\n<\/td>\n<td class=\"bwvertalignb bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwwidth39 bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n$0.104167<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p>\nThe distributions on the Series A Term Preferred Stock reflect an annual distribution rate of 5.00% of the $25 liquidation preference per share of the Series A Term Preferred Stock.<\/p>\n<p><b>ABOUT EAGLE POINT INCOME COMPANY<\/b><\/p>\n<p>\nThe Company is a diversified, closed-end management investment company. The Company\u2019s primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation, by investing primarily in junior debt tranches of collateralized loan obligations (\u201cCLOs\u201d). In addition, the Company may invest up to 35% of its total assets (at the time of investment) in CLO equity securities. The Company is externally managed and advised by Eagle Point Income Management LLC (\u201cInvestment Adviser\u201d).<\/p>\n<p>\nThe 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 (<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.eaglepointincome.com&amp;esheet=53398915&amp;newsitemid=20230511005832&amp;lan=en-US&amp;anchor=www.eaglepointincome.com&amp;index=1&amp;md5=0e04addefc30127c557bfa11ca585c23\">www.eaglepointincome.com<\/a>). This information includes (1) an estimated range of the Company\u2019s net investment income (\u201cNII\u201d) 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\u2019s net asset value (\u201cNAV\u201d) 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\u2019s NII and realized capital gains or losses per share for the applicable quarter, if available.<\/p>\n<p><b>FORWARD-LOOKING STATEMENTS<\/b><\/p>\n<p><i>This press release may contain \u201cforward-looking statements\u201d 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 prospectus and the Company\u2019s other filings with the U.S. Securities and Exchange Commission. 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.<\/i><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230511005832r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230511005832\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230511005832\/en\/<\/a><\/span><\/p>\n<p>\nInvestor and Media Relations:<br \/>\n<br \/>ICR<br \/>\n<br \/>203-340-8510<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:ir@EaglePointIncome.com\">IR@EaglePointIncome.com<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.eaglepointincome.com&amp;esheet=53398915&amp;newsitemid=20230511005832&amp;lan=en-US&amp;anchor=www.eaglepointincome.com&amp;index=2&amp;md5=0692612bddf5d2e1e2ec879f662d9a85\">www.eaglepointincome.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Connecticut United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Asset Management Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Eagle Point Income Company Inc. Announces Third Quarter 2023 Common and Preferred Distributions GREENWICH, Conn.&#8211;(BUSINESS WIRE)&#8211; Eagle Point Income Company Inc. (the \u201cCompany\u201d) (NYSE: EIC, EICA) today is pleased to announce the declaration of distributions on shares of the Company\u2019s common stock. The Company has declared three separate distributions of $0.16 per share on its common stock payable on each of July 31, 2023, August 31, 2023 and September 29, 2023 to stockholders of record as of July 11, 2023, August 11, 2023 and September 11, 2023, respectively. The following schedule applies to the distributions: Record Date Payable Date Amount per common share July 11, 2023 July 31, 2023 $0.16 August 11, 2023 August 31, 2023 $0.16 September 11, 2023 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/eagle-point-income-company-inc-announces-third-quarter-2023-common-and-preferred-distributions\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Eagle Point Income Company Inc. Announces Third Quarter 2023 Common and Preferred Distributions&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-758247","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Eagle Point Income Company Inc. Announces Third Quarter 2023 Common and Preferred Distributions - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/eagle-point-income-company-inc-announces-third-quarter-2023-common-and-preferred-distributions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eagle Point Income Company Inc. Announces Third Quarter 2023 Common and Preferred Distributions - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Eagle Point Income Company Inc. Announces Third Quarter 2023 Common and Preferred Distributions GREENWICH, Conn.&#8211;(BUSINESS WIRE)&#8211; Eagle Point Income Company Inc. (the \u201cCompany\u201d) (NYSE: EIC, EICA) today is pleased to announce the declaration of distributions on shares of the Company\u2019s common stock. The Company has declared three separate distributions of $0.16 per share on its common stock payable on each of July 31, 2023, August 31, 2023 and September 29, 2023 to stockholders of record as of July 11, 2023, August 11, 2023 and September 11, 2023, respectively. The following schedule applies to the distributions: Record Date Payable Date Amount per common share July 11, 2023 July 31, 2023 $0.16 August 11, 2023 August 31, 2023 $0.16 September 11, 2023 &hellip; Continue reading &quot;Eagle Point Income Company Inc. 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Announces Third Quarter 2023 Common and Preferred Distributions - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/eagle-point-income-company-inc-announces-third-quarter-2023-common-and-preferred-distributions\/","og_locale":"en_US","og_type":"article","og_title":"Eagle Point Income Company Inc. Announces Third Quarter 2023 Common and Preferred Distributions - Market Newsdesk","og_description":"Eagle Point Income Company Inc. Announces Third Quarter 2023 Common and Preferred Distributions GREENWICH, Conn.&#8211;(BUSINESS WIRE)&#8211; Eagle Point Income Company Inc. (the \u201cCompany\u201d) (NYSE: EIC, EICA) today is pleased to announce the declaration of distributions on shares of the Company\u2019s common stock. The Company has declared three separate distributions of $0.16 per share on its common stock payable on each of July 31, 2023, August 31, 2023 and September 29, 2023 to stockholders of record as of July 11, 2023, August 11, 2023 and September 11, 2023, respectively. The following schedule applies to the distributions: Record Date Payable Date Amount per common share July 11, 2023 July 31, 2023 $0.16 August 11, 2023 August 31, 2023 $0.16 September 11, 2023 &hellip; Continue reading \"Eagle Point Income Company Inc. Announces Third Quarter 2023 Common and Preferred Distributions\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/eagle-point-income-company-inc-announces-third-quarter-2023-common-and-preferred-distributions\/","og_site_name":"Market Newsdesk","article_published_time":"2023-05-11T23:56:56+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230511005832r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/eagle-point-income-company-inc-announces-third-quarter-2023-common-and-preferred-distributions\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/eagle-point-income-company-inc-announces-third-quarter-2023-common-and-preferred-distributions\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Eagle Point Income Company Inc. 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