- XAI Octagon Floating Rate & Alternative Income Trust (XFLT, Financial) maintains a steady dividend payout, offering a forward yield of 14.84%.
- The announced monthly dividend is $0.07 per share, continuing its consistent distribution pattern.
- Key dates include a record date of July 15 and a payment date of August 1.
XAI Octagon Floating Rate & Alternative Income Trust Dividend Overview
XAI Octagon Floating Rate & Alternative Income Trust (XFLT) has reaffirmed its commitment to shareholders by announcing its monthly dividend of $0.07 per share. This consistent dividend payout reflects the trust's strategy to deliver valuable returns to its investors.
Impressive Forward Yield
Investors will note that this stable dividend translates to a substantial forward yield of 14.84%. Such a yield stands as a significant attraction for income-focused investors seeking reliable cash inflows.
Key Dividend Dates
For shareholders looking to benefit from this dividend, important dates to remember include the record date on July 15 and the payment date scheduled for August 1. Ensuring that shares are held by the record date is crucial to receive the upcoming dividend payout.
In summary, XFLT's consistent dividend disbursement not only highlights its commitment to returning value but also reinforces its position as a noteworthy option for those seeking high-yield investment opportunities.
