If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of XAI Octagon Floating Rate & Alternative Income Trust is 0.85, which seems too high.
Good Sign:
XAI Octagon Floating Rate & Alternative Income Trust stock dividend yield is close to 3-year high.
During the past 12 months, XAI Octagon Floating Rate & Alternativeome Trust's average Dividends Per Share Growth Rate was 8.20% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 5.90% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 2.50% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of XAI Octagon Floating Rate & Alternativeome Trust was 5.90% per year. The lowest was 0.90% per year. And the median was 1.90% per year.
For more information regarding to dividend, please check our Dividend Page.
XAI Octagon Floating Rate & Alternativeome Trust Dividends per Share Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of XAI Octagon Floating Rate & Alternativeome Trust's Dividends per Share
For the Asset Management subindustry, XAI Octagon Floating Rate & Alternativeome Trust's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
XAI Octagon Floating Rate & Alternativeome Trust's Dividend Yield % Distribution in the Asset Management Industry
During the past 7 years, the highest Dividend Payout Ratio of XAI Octagon Floating Rate & Alternativeome Trust was 1.72. The lowest was 0.40. And the median was 0.78.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of XAI Octagon Floating Rate & Alternative Income Trust is 0.85, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
XAI Octagon Floating Rate & Alternativeome Trust's Dividend Yield (%) for Today is calculated as
Current Share Price is $7.06.
XAI Octagon Floating Rate & Alternativeome Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.02.
During the past 7 years, the highest Dividend Yield of XAI Octagon Floating Rate & Alternativeome Trust was 19.95%. The lowest was 8.32%. And the median was 10.77%.
Good Sign:
XAI Octagon Floating Rate & Alternative Income Trust stock dividend yield is close to 3-year high.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
XAI Octagon Floating Rate & Alternativeome Trust Dividends per Share Related Terms
Thank you for viewing the detailed overview of XAI Octagon Floating Rate & Alternativeome Trust's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
XAI Octagon FR & Alt Income Term Trust is a diversified, closed-end management investment company. The Trust's investment objective is to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle.
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