XAI Octagon Floating Rate & Alternative Income Term Trust Announces Monthly Dividend Payout

Monday, 1 April 2024, 20:52

The XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) has declared a monthly dividend of $0.085 per share, maintaining consistency with past payouts. With a forward yield of 14.36%, shareholders can expect a lucrative income stream. The dividend is set to be paid out in May, providing investors with a regular source of passive income.
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XAI Octagon Floating Rate & Alternative Income Term Trust Announces Monthly Dividend Payout

XAI Octagon Floating Rate & Alternative Income Term Trust Dividend Announcement

The XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) has declared a monthly dividend of $0.085 per share, matching its previous payouts.

  • Forward yield of 14.36%: Shareholders can benefit from a lucrative income stream.
  • Payment in May: The dividend is set to be paid out next month.

Investors in XFLT can rely on consistent monthly dividends, offering a stable source of passive income.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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