Eagle Point Income Company Inc. Announces Second Quarter 2024 Common and Preferred Distributions
Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB) today is pleased to announce 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 April 30, 2024, May 31, 2024 and June 28, 2024 to stockholders of record as of April 10, 2024, May 13, 2024 and June 10, 2024, respectively.
The following schedule applies to the distributions:
Record Date |
Payable Date |
Amount per common share |
April 10, 2024 |
April 30, 2024 |
$0.20 |
May 13, 2024 |
May 31, 2024 |
$0.20 |
June 10, 2024 |
June 28, 2024 |
$0.20 |
Distributions 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’s stockholders on Form 1099 after the end of the 2024 calendar year.
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The Company is also pleased to announce the declaration of distributions on shares of the Company’s 5.00% Series A Term Preferred Stock due 2026 (the “Series A Term Preferred Stock”) and the Company’s 7.75% Series B Term Preferred Stock due 2028 (the “Series B Term Preferred Stock”) as follows:
Preferred Stock Type |
Amount per Share of Preferred Stock |
Record Dates |
Payable Dates |
5.00% Series A Term Preferred Stock due 2026 |
$0.104167 |
April 10, 2024, May 13, 2024, June 10, 2024 |
April 30, 2024, May 31, 2024, June 28, 2024 |
7.75% Series B Term Preferred Stock due 2028 |
$0.161459 |
April 10, 2024, |