DIVIDEND ANNOUNCEMENT: XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE:XFLT) on 06/01/2023 declared a dividend of $0.0850 per share

XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE:XFLT) on 06/01/2023 declared a dividend of $ 0.0850 per share payable on July 03, 2023 to shareholders of record as of June 15, 2023.

XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE:XFLT) has paid dividends since 2017, has a current dividend yield of 13.8674888611% and has increased its dividends for 0 successive years.

XAI Octagon Floating Rate & Alternative Income Term Trust's market cap is $ 88,582,010 and has a PE ratio of 0.00. The stock price closed yesterday at $ 6.49 and has a 52 week low/high of $ 5.90 and $ 8.05.

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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