XAI OCTAGON FR/COM (NYSE:XFLT) insider Philip G. Franklin bought 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 24th. The shares were acquired at an average price of $4.34 per share, with a total value of $43,400.00.
Shares of XFLT stock traded up $0.88 during mid-day trading on Wednesday, reaching $4.95. The stock had a trading volume of 5,946 shares, compared to its average volume of 165,946. The firm’s 50 day simple moving average is $7.31 and its 200 day simple moving average is $8.22. XAI OCTAGON FR/COM has a one year low of $3.67 and a one year high of $9.68.
The company also recently disclosed a monthly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Tuesday, March 17th will be given a $0.073 dividend. The ex-dividend date of this dividend is Monday, March 16th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 17.70%.
XAI OCTAGON FR/COM Company Profile
There is no company description available for XAI Octagon Floating Rate & Alternative Income Term Trust.
Further Reading: Fundamental Analysis and Individual Investors
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