5 Stocks with Highest Dividend Right Now

3. Eagle Point Credit Company Inc. (NYSE:ECC)

Dividend Yield as of October 10: 16.77%

Eagle Point Credit Company Inc. (NYSE:ECC) is a closed-end management investment company that primarily focuses on investing in collateralized loan obligations and related securities. It is one of the best stocks on our list as the company offers monthly dividends to shareholders. It currently pays a per-share dividend of $0.14 every month and also offers supplemental dividends. The stock has a dividend yield of 16.77%, as of October 10.

The number of hedge funds in Insider Monkey’s database owning stakes in Eagle Point Credit Company Inc. (NYSE:ECC) stood at 3 in Q2 2023. The total value of these stakes is over $1.5 million.

Follow Eagle Point Credit Co Inc.