Trade Alert & Earnings: Eagle Point Income Company Inc (EIC)

Eagle Point Income Company published their Q1 earnings on Wednesday, May 28, 2025.

Usually, earnings of Closed-End-funds are nothing special at all, because they publish their NAV on a daily or monthly basis. So the most important thing in earnings press releases is the declaration of dividend. This time it was an unpleasant surprise. EIC cut their dividend from $0.20 monthly to $0.13.