Welcome to our dedicated page for XFLTPRA news (Ticker: XFLTPRA), a resource for investors and traders seeking the latest updates and insights on XFLTPRA stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect XFLTPRA's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of XFLTPRA's position in the market.
XAI Octagon Floating Rate & Alternative Income Trust (XFLT) has declared its regular monthly distribution of $0.085 per common share and a quarterly preferred dividend of $0.40625 per share for its 6.50% Series 2026 Term Preferred Shares (XFLTPRA). The ex-dividend date, record date, and payable date for both are set for October 15, 2024, October 15, 2024, and November 1, 2024, respectively. There is no change from the previous declaration.
The Trust's distributions may come from various sources, including net investment income, capital gains, and return of capital. The Trust aims to maintain stable monthly distributions for common shareholders while complying with applicable laws and financial covenants. The investment objective of XFLT is to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle.
XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE: XFLT) has announced its monthly distribution of $0.073 per common share and a quarterly preferred dividend of $0.40625 for its 6.50% Series 2026 Term Preferred Shares (NYSE: XFLTPRA). The ex-dividend date for both distributions is set for April 14, 2023, with record and payable dates on April 17, 2023 and May 1, 2023, respectively. This marks no change from previous declarations. The Trust aims for stable monthly distributions, funded through net investment income, capital gains, or return of capital. Shareholders are advised that distributions may not stem solely from net income.
XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE:XFLT) has announced its regular monthly distribution of $0.073 per share for its common shares and a preferred dividend of $0.40625 per share for its 6.50% Series 2026 Term Preferred Shares (NYSE:XFLTPRA). The ex-dividend date is set for January 13, 2023, with a record date of January 17, 2023 and a payable date of February 1, 2023 for common shares. Preferred dividends will be paid similarly. The Trust aims to maintain stable distributions and invests primarily in floating rate credit instruments.
XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) has announced a monthly distribution of
XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE: XFLT) announced a monthly distribution of
XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) has announced a monthly distribution of $0.073 per common share and preferred dividends of $0.40625 per share for its 6.50% Series 2026 Term Preferred Shares (XFLTPRA). The ex-dividend date for both shares is April 14, 2022, with a record date of April 18, 2022, and payment on May 2, 2022. These distributions are funded from net investment income and capital gains, which may affect shareholders' tax implications.
XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE: XFLT) has announced a monthly distribution of $0.073 per common share and $0.40625 for its 6.50% Series 2026 Term Preferred Shares (NYSE: XFLTPRA). The ex-dividend date for both shares is January 14, 2022, with payment set for February 1, 2022 and January 31, 2022 respectively. The Trust emphasizes that share distributions may come from net investment income, capital gains, or return of capital. Investors should note that the Trust seeks to maintain stable monthly distributions, though future amounts are not guaranteed.
