XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT – Get Free Report) declared a monthly dividend on Thursday, October 1st. Shareholders of record on Thursday, October 15th will be paid a dividend of $0.2250 per share on Monday, November 2nd. This represents a $2.70 dividend on an annualized basis and a dividend yield of 14.0%. The ex-dividend date is Thursday, October 15th.
XAI Octagon Floating Rate & Alternative Income Trust Stock Up 0.6%
Shares of NYSE XFLT opened at $19.29 on Friday. XAI Octagon Floating Rate & Alternative Income Trust has a 1-year low of $14.92 and a 1-year high of $26.50. The business has a 50-day moving average of $19.17 and a 200-day moving average of $18.26.
XAI Octagon Floating Rate & Alternative Income Trust Company Profile
XAI Octagon Floating Rate & Alternative Income Trust (NYSE: XFLT) is a non-diversified, closed-end investment company focused on generating current income and, secondarily, capital appreciation. The trust invests in floating-rate and alternative credit assets rather than operating a traditional business or selling products and services.
Its portfolio may include collateralized loan obligations (CLOs), senior secured loans, and other floating-rate debt instruments, as well as below-investment-grade credit securities.
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