XAI OCTAGON FR/COM (XFLT) Plans Monthly Dividend of $0.07

XAI OCTAGON FR/COM (NYSE:XFLT) declared a monthly dividend on Monday, February 4th, Wall Street Journal reports. Stockholders of record on Friday, February 15th will be paid a dividend of 0.069 per share on Friday, March 1st. This represents a $0.83 annualized dividend and a dividend yield of 9.56%. The ex-dividend date of this dividend is Thursday, February 14th.

Shares of XFLT stock opened at $8.67 on Wednesday. XAI OCTAGON FR/COM has a 1 year low of $6.96 and a 1 year high of $10.77.

In other news, insider Lauren Michelle Basmadjian purchased 12,500 shares of the stock in a transaction dated Monday, January 14th. The shares were bought at an average cost of $8.02 per share, for a total transaction of $100,250.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Over the last quarter, insiders have bought 18,308 shares of company stock worth $145,882.

Separately, National Securities began coverage on XAI OCTAGON FR/COM in a research report on Monday, October 29th. They set a “buy” rating and a $13.00 price target on the stock.

ILLEGAL ACTIVITY NOTICE: “XAI OCTAGON FR/COM (XFLT) Plans Monthly Dividend of $0.07” was originally published by Community Financial News and is owned by of Community Financial News. If you are reading this story on another publication, it was illegally stolen and republished in violation of US & international trademark and copyright law. The legal version of this story can be read at https://www.com-unik.info/2019/02/13/xai-octagon-fr-com-xflt-plans-monthly-dividend-of-0-07.html.

XAI OCTAGON FR/COM Company Profile

There is no company description available for XAI Octagon Floating Rate & Alternative Income Term Trust.

Featured Story: How to Invest in the Dividend Aristocrat Index

Dividend History for XAI OCTAGON FR/COM (NYSE:XFLT)

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.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit