XAI OCTAGON FR/COM (NYSE:XFLT) declared a monthly dividend on Wednesday, June 5th, Wall Street Journal reports. Investors of record on Monday, June 17th will be paid a dividend of 0.073 per share on Monday, July 1st. This represents a $0.88 dividend on an annualized basis and a yield of 9.21%. The ex-dividend date is Friday, June 14th.
Shares of NYSE XFLT opened at $9.51 on Friday. XAI OCTAGON FR/COM has a 1 year low of $6.96 and a 1 year high of $10.77.
Separately, National Securities reiterated a “buy” rating and issued a $13.00 price objective on shares of XAI OCTAGON FR/COM in a report on Thursday, May 30th.
There is no company description available for XAI Octagon Floating Rate & Alternative Income Term Trust.
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