Eagle Point Income Company Inc. Series C Preferred Shares: A Closer Look

Eagle Point Income Company Inc. (EIC) Series C Preferred Shares have been called, and the company's Series B Preferred Shares were recently redeemed. The Series C shares offer a 7% annual dividend and a 1% discount to par value, making them an attractive investment option. However, investors should be aware of the risks involved, including the potential for the company to issue new shares or redeem existing shares, which could impact the value of the preferred shares.