DIVIDEND ANNOUNCEMENT: XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT) on 03/01/2024 declared a dividend of $0.0850 per share

XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT) on 03/01/2024 declared a dividend of $ 0.0850 per share payable on April 01, 2024 to shareholders of record as of March 15, 2024.

XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT) has paid dividends since 2017, has a current dividend yield of 14.3258428574% and has increased its dividends for 0 successive years.

XAI Octagon Floating Rate & Alternative Income Trust's market cap is $ 97,180,880 and has a PE ratio of 0.00. The stock price closed yesterday at $ 7.12 and has a 52 week low/high of $ 6.00 and $ 7.76.

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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