DIVIDEND ANNOUNCEMENT: XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE:XFLT) on 12/01/2021 declared a dividend of $0.0730 per share

XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE:XFLT) on 12/01/2021 declared a dividend of $ 0.0730 per share payable on December 31, 2021 to shareholders of record as of December 15, 2021.

XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE:XFLT) has paid dividends since 2017, has a current dividend yield of 9.5756263733% and has increased its dividends for 0 successive years.

XAI Octagon Floating Rate & Alternative Income Term Trust's market cap is $ 125,434,310 and has a PE ratio of 12.09. The stock price closed yesterday at $ 9.19 and has a 52 week low/high of $ 7.25 and $ 9.85.

XAI Octagon Floating Rate & Alternative Income Term Trust is a newly-organized, diversified, closed-end management investment company. The Trust seeks to achieve its investment objective by investing in a dynamically managed portfolio of opportunities primarily within the private credit markets. As of Sept 30 2017, the Trust had total assets of $71,158,579.

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