XAI Octagon Floating Rate & Alternativeome Trust (XAI Octagon Floating Rate & Alternativeome Trust) Dividend Payout Ratio : 0.68 (As of Sep. 2023)

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What is XAI Octagon Floating Rate & Alternativeome Trust Dividend Payout Ratio?

XAI Octagon Floating Rate & Alternativeome Trust's dividend payout ratio for the months ended in Sep. 2023 was 0.68.

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.

The historical rank and industry rank for XAI Octagon Floating Rate & Alternativeome Trust's Dividend Payout Ratio or its related term are showing as below:

XFLT' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.4 Med: 0.78 Max: 1.72
Current: 0.85

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.

XFLT's Dividend Payout Ratio is ranked worse than
53.21% of 949 companies
in the Asset Management industry
Industry Median: 0.81 vs XFLT: 0.85

As of today (2024-05-10), the Dividend Yield % of XAI Octagon Floating Rate & Alternativeome Trust is 14.29%.

During the past 7 years, the highest Trailing Annual Dividend Yield of XAI Octagon Floating Rate & Alternativeome Trust was 19.95%. The lowest was 8.32%. And the median was 10.66%.

XAI Octagon Floating Rate & Alternativeome Trust's Dividends per Share for the months ended in Sep. 2023 was $0.51.

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.

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.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

XAI Octagon Floating Rate & Alternativeome Trust Dividend Payout Ratio Historical Data

The historical data trend for XAI Octagon Floating Rate & Alternativeome Trust's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

XAI Octagon Floating Rate & Alternativeome Trust Dividend Payout Ratio Chart

XAI Octagon Floating Rate & Alternativeome Trust Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Dividend Payout Ratio

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0.40

0.78

XAI Octagon Floating Rate & Alternativeome Trust Semi-Annual Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Dividend Payout Ratio	Get a 7-Day Free Trial							0.97	-	-	1.18	0.68

Competitive Comparison of XAI Octagon Floating Rate & Alternativeome Trust's Dividend Payout Ratio

For the Asset Management subindustry, XAI Octagon Floating Rate & Alternativeome Trust's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, XAI Octagon Floating Rate & Alternativeome Trust's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where XAI Octagon Floating Rate & Alternativeome Trust's Dividend Payout Ratio falls into.

XAI Octagon Floating Rate & Alternativeome Trust Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

XAI Octagon Floating Rate & Alternativeome Trust's Dividend Payout Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Sep. 2023 )	/	EPS without NRI (A: Sep. 2023 )
	=	0.948	/	1.22
	=	0.78

XAI Octagon Floating Rate & Alternativeome Trust's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2023 )	/	EPS without NRI (Q: Sep. 2023 )
	=	0.51	/	0.748
	=	0.68

XAI Octagon Floating Rate & Alternativeome Trust (NYSE:XFLT) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

XAI Octagon Floating Rate & Alternativeome Trust Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of XAI Octagon Floating Rate & Alternativeome Trust's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

XAI Octagon Floating Rate & Alternativeome Trust (XAI Octagon Floating Rate & Alternativeome Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

321 North Clark Street, Suite 2430, Chicago, IL, USA, 60654

Website

https://www.xainvestments.com

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.

Executives

Theodore J Brombach	officer: President & CEO, other: Interested Trustee	321 N. CLARK STREET, CHICAGO IL 60054
John Yogi Spence	officer: CFO & Treasurer	321 N. CLARK STREET, CHICAGO IL 60054
Randi Jean Roessler	officer: Chief Compliance Officer	C/O DESTRA MULTI ALTERNATIVE FUND, 443 NORTH WILLSON AVENUE, BOZEMAN MT 59715
Benjamin Mcculloch	officer: Secretary & CLO	321 NORTH CLARK STREET, SUITE 2430, CHICAGO IL 60654
John P Mcgarrity	officer: Chief Legal & Secretary	321 N. CLARK STREET, CHICAGO IL 60054
Eagle Point Credit Management Llc	10 percent owner	600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Ep Dif Cayman I Lp	10 percent owner	600 STEAMBOAT ROAD, SUITE 202, GREENWICH CT 06830
Eagle Point Core Income Fund Lp	10 percent owner	600 STEAMBOAT ROAD, SUITE 202, GREENWICH CT 06830
Eagle Point Cif Gp I Llc	10 percent owner	600 STEAMBOAT ROAD, SUITE 202, GREENWICH CT 06830
Eagle Point Dif Gp I Llc	10 percent owner	600 STEAMBOAT ROAD, SUITE 202, GREENWICH CT 06830
Sean Michael Gleason	other: Sub-Adviser Inv Comm Member	250 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10177
Philip G Franklin	other: Trustee	C/O XA INVESTMENTS, 1290 BROADWAY STE 1100, DENVER CO 80203
Andrew David Gordon	other: Sub-Adviser Inv Comm Member	250 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10177
Scott C Jones	other: Trustee	C/O XA INVESTMENTS, 1290 BROADWAY STE 1100, DENVER CO 80203
Maegan Gallagher Boger	other: Sub-Adviser Inv Comm Member	250 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10177