XAI Octagon Floating Rate & Alternative Income Term Trust Dividend
XAI Octagon Floating Rate & Alternative Income Term Trust Dividend history 7 years & estimates 2025
Dividend Analysis of the XAI Octagon Floating Rate & Alternative Income Term Trust Stock
| Current dividend yield | 7.09 % |
| Dividendenrendite 5 Jahre | 1.31 % |
| Dividend Yield 10Y | 1.89 % |
| Payout 3Y | 6.89 % |
When does XAI Octagon Floating Rate & Alternative Income Term Trust pay a dividend?
The XAI Octagon Floating Rate & Alternative Income Term Trust stock dividend is paid monthly. In order to receive a dividend, you should generally own the XAI Octagon Floating Rate & Alternative Income Term Trust stock before the ex-dividend date.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Fiscal Year | Dividend per Share | Ex-Day | Payday | Payment frequency |
| 2025 |
$0.085
$0.09
|
Nov 15 2024
Nov 15 2024
Dec 02 2024
Nov 15 24
Dec 02 24 |
Dec 02 2024 |
monthly
monthly
|
| 2025 |
$0.085
$0.09
|
Oct 15 2024
Oct 15 2024
Nov 01 2024
Oct 15 24
Nov 01 24 |
Nov 01 2024 |
monthly
monthly
|
| 2024 |
$0.085
$0.09
|
Sep 17 2024
Sep 17 2024
Oct 01 2024
Sep 17 24
Oct 01 24 |
Oct 01 2024 |
monthly
monthly
|
| 2024 |
$0.085
$0.09
|
Aug 15 2024
Aug 15 2024
Sep 03 2024
Aug 15 24
Sep 03 24 |
Sep 03 2024 |
monthly
monthly
|
| 2024 |
$0.085
$0.09
|
Jul 15 2024
Jul 15 2024
Aug 01 2024
Jul 15 24
Aug 01 24 |
Aug 01 2024 |
monthly
monthly
|
| 2024 |
$0.085
$0.09
|
Jun 17 2024
Jun 17 2024
Jul 01 2024
Jun 17 24
Jul 01 24 |
Jul 01 2024 |
monthly
monthly
|
| 2024 |
$0.085
$0.09
|
May 15 2024
May 15 2024
Jun 03 2024
May 15 24
Jun 03 24 |
Jun 03 2024 |
monthly
monthly
|
| 2024 |
$0.085
$0.09
|
Apr 12 2024
Apr 12 2024
May 01 2024
Apr 12 24
May 01 24 |
May 01 2024 |
monthly
monthly
|
| 2024 |
$0.085
$0.09
|
Mar 14 2024
Mar 14 2024
Apr 01 2024
Mar 14 24
Apr 01 24 |
Apr 01 2024 |
monthly
monthly
|
| 2024 |
$0.085
$0.09
|
Feb 14 2024
Feb 14 2024
Mar 01 2024
Feb 14 24
Mar 01 24 |
Mar 01 2024 |
monthly
monthly
|
How much dividend does XAI Octagon Floating Rate & Alternative Income Term Trust pay?
XAI Octagon Floating Rate & Alternative Income Term Trust most recently paid a dividend of $0.09. XAI Octagon Floating Rate & Alternative Income Term Trust paid a Dividend of $1.02 Per Share in the financial year 2024. With a stock price of $6.99 at Nov 14 2024, the current dividend yield is 14.59% (calculation: $1.02 / $6.99 = 14.59%). No special dividend was paid.
What is the XAI Octagon Floating Rate & Alternative Income Term Trust Dividend Yield and payout ratio?
The average XAI Octagon Floating Rate & Alternative Income Term Trust dividend yield over the last 5 years is 12.19% and the average over the last 10 years is 7.70%.
The payout ratio of XAI Octagon Floating Rate & Alternative Income Term Trust in relation to the last financial year is 76.72%. The payout ratio smoothed over 3 years is 116.87%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | XAI Octagon Floating Rate & Alternative Income Term Trust |
|---|---|
| Current dividend yield | 14.59% |
| Dividend Yield 5Y | 12.19% |
| Dividend Yield 10Y | 7.70% |
| Payout 1Y | 76.72% |
| Payout 3Y | 116.87% |
Is the XAI Octagon Floating Rate & Alternative Income Term Trust dividend safe? Continuity & Dividend Growth
Is the XAI Octagon Floating Rate & Alternative Income Term Trust dividend safe?
XAI Octagon Floating Rate & Alternative Income Term Trust has been paying a dividend for 7 years and has not lowered the dividend for 4 years (dividend continuity). As a result, the dividend was recently increased 2-times.
The Dividend Growth in relation to the previous financial year amounts to 8.97%. The average XAI Octagon Floating Rate & Alternative Income Term Trust Dividend Growth over the last 5 years is 3.76%.
| Metric | XAI Octagon Floating Rate & Alternative Income Term Trust |
|---|---|
| Increased | 2 Years |
| Continuity | 4 Years |
| Paid | 7 Years |
| Growth 1Y | 8.97% |
| Growth 5Y | 3.76% |
Continuity
XAI Octagon Floating Rate & Alternative Income Term Trust has been paying a dividend for 7 years and has not lowered the dividend for 4 years (dividend continuity). As a result, the dividend was recently increased 2-times.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to 8.97%. The average XAI Octagon Floating Rate & Alternative Income Term Trust Dividend Growth over the last 5 years is 3.76%.
XAI Octagon Floating Rate & Alternative Income Term Trust Stock Forecast 2024
On the stock exchange, the XAI Octagon Floating Rate & Alternative Income Term Trust stock (ISIN: US98400T1060) is not traded as a top scorer in November 2024 according to the dividend strategy.
The stock price of XAI Octagon Floating Rate & Alternative Income Term Trust -3.36% has fallen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the XAI Octagon Floating Rate & Alternative Income Term Trust stock price in real time at the top of the page.
The XAI Octagon Floating Rate & Alternative Income Term Trust stock (symbol: XFLT) is valued at a Price / Sales Ratio (P/S ratio) of 6.12 valued.
| Metric | XAI Octagon Floating Rate & Alternative Income Term Trust |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
3.36%
|
| P/S TTM | 6.12 |
| P/E forward | 8.45 |
The XAI Octagon Floating Rate & Alternative Income Term Trust stock (symbol: XFLT) is valued at a Price / Sales Ratio (P/S ratio) of 6.12 valued.
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