XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT – Get Free Report) announced a monthly dividend on Thursday, October 1st. Stockholders of record on Thursday, October 15th will be given a dividend of $0.2250 per share on Monday, November 2nd. This represents a $2.70 annualized dividend and a dividend yield of 14.1%. The ex-dividend date is Thursday, October 15th.
XAI Octagon Floating Rate & Alternative Income Trust Stock Up 0.1%
NYSE XFLT opened at $19.20 on Friday. XAI Octagon Floating Rate & Alternative Income Trust has a 12 month low of $14.92 and a 12 month high of $26.50. The company has a 50-day moving average of $19.14 and a 200-day moving average of $18.25.
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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