EICA Eagle Point Income Company Inc. 5.00% Series A Term Preferred Stock due 2026
We intend to pay monthly dividends on the Series A Term Preferred Stock at an annual rate of 5.00% of the Liquidation Preference, or $1.25 per share per year, beginning on November 30, 2021. We are required to redeem all outstanding shares of the Series A Term Preferred Stock on October 30, 2026, at a redemption price of $25 per share. At any time on or after October 31, 2023, we may, at our sole option, redeem the outstanding shares of the Series A Term Preferred Stock at a redemption price per share equal to $25 plus accumulated but unpaid dividends, if any, to, but excluding, the Redemption Date. This security was issued by Eagle Point Income Company CEF, whose common stock symbol is EIC.
$23.70 +0.15 (0.64%)
As of 03/24/2023 16:00:00 EST IEX book CBOE book
Security Information
Category1: US Equity
Category2: Preferred stocks
Category3: Non-convertible
GICS sector: Unknown
Industry: Other
Index country: USA
Country of incorporation:
IPO date: 10/27/2021
Outstanding shares: 1,220,000
Average volume: 1,408
Market cap: $28,218,600
Current dividend yield: 5.40% calculation
Coupon rate: 5.000%
Cumulative: Yes
Liquidation value: $25.00
Callable after: 10/31/2023
Maturity date: 10/30/2026
Prospectus: Read on SEC.gov
All SEC filings: SEC Edgar Online
Quarterly filings: 10-Q
Annual filings: 10-K
Sedol: