XAI OCTAGON FR/COM (NYSE:XFLT) declared a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Investors of record on Monday, September 16th will be given a dividend of 0.073 per share on Tuesday, October 1st. This represents a $0.88 dividend on an annualized basis and a dividend yield of 9.76%. The ex-dividend date of this dividend is Friday, September 13th.
Shares of NYSE XFLT traded up $0.03 during mid-day trading on Thursday, reaching $8.98. 72,900 shares of the company traded hands, compared to its average volume of 39,568. XAI OCTAGON FR/COM has a fifty-two week low of $6.96 and a fifty-two week high of $10.00. The stock has a fifty day simple moving average of $9.18 and a 200-day simple moving average of $9.00.
Separately, National Securities reiterated a “buy” rating and set a $13.00 price objective on shares of XAI OCTAGON FR/COM in a research note on Thursday, May 30th.
There is no company description available for XAI Octagon Floating Rate & Alternative Income Term Trust.
Read More: Conference Calls
Receive News & Ratings for XAI OCTAGON FR/COM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for XAI OCTAGON FR/COM and related companies with MarketBeat.com's FREE daily email newsletter.