XAI Octagon Floating Rate & Alternative Income Term Trust Announces Monthly Dividend Payout

Monday, 1 April 2024, 20:52
The XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) has declared a monthly dividend of $0.085 per share, maintaining consistency with past payouts. With a forward yield of 14.36%, shareholders can expect a lucrative income stream. The dividend is set to be paid out in May, providing investors with a regular source of passive income.
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XAI Octagon Floating Rate & Alternative Income Term Trust Announces Monthly Dividend Payout

XAI Octagon Floating Rate & Alternative Income Term Trust Dividend Announcement

The XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) has declared a monthly dividend of $0.085 per share, matching its previous payouts.

  • Forward yield of 14.36%: Shareholders can benefit from a lucrative income stream.
  • Payment in May: The dividend is set to be paid out next month.

Investors in XFLT can rely on consistent monthly dividends, offering a stable source of passive income.

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