XAI OCTAGON FR/COM (XFLT) To Go Ex-Dividend on November 14th

XAI OCTAGON FR/COM (NYSE:XFLT) declared a monthly dividend on Monday, November 5th, Wall Street Journal reports. Stockholders of record on Thursday, November 15th will be paid a dividend of 0.069 per share on Monday, December 3rd. This represents a $0.83 annualized dividend and a dividend yield of 9.05%. The ex-dividend date of this dividend is Wednesday, November 14th.

Shares of XAI OCTAGON FR/COM stock opened at $9.15 on Friday. XAI OCTAGON FR/COM has a 1-year low of $9.02 and a 1-year high of $10.77.

In other news, CFO John Yogi Spence sold 6,680 shares of the company’s stock in a transaction on Thursday, August 30th. The stock was sold at an average price of $9.99, for a total transaction of $66,733.20. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Danielle Cupps acquired 5,000 shares of the business’s stock in a transaction dated Wednesday, August 29th. The shares were bought at an average cost of $9.99 per share, for a total transaction of $49,950.00. The disclosure for this purchase can be found here. In the last ninety days, insiders have bought 16,261 shares of company stock worth $158,241 and have sold 23,225 shares worth $229,961.

Separately, National Securities began coverage on XAI OCTAGON FR/COM in a report on Monday, October 29th. They issued a “buy” rating and a $13.00 price objective on the stock.

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XAI OCTAGON FR/COM Company Profile

There is no company description available for XAI Octagon Floating Rate & Alternative Income Term Trust.

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Dividend History for XAI OCTAGON FR/COM (NYSE:XFLT)

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