Somewhat Favorable News Coverage Somewhat Unlikely to Affect XAI OCTAGON FR/COM (XFLT) Share Price

Media stories about XAI OCTAGON FR/COM (NYSE:XFLT) have been trending somewhat positive on Monday, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. XAI OCTAGON FR/COM earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 47.3937772557629 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

NYSE:XFLT traded down $0.02 during trading hours on Monday, hitting $10.01. 12,400 shares of the stock traded hands, compared to its average volume of 29,170. XAI OCTAGON FR/COM has a 1 year low of $9.03 and a 1 year high of $12.50.

The company also recently declared a monthly dividend, which will be paid on Tuesday, September 4th. Shareholders of record on Wednesday, August 15th will be issued a dividend of $0.069 per share. This represents a $0.83 annualized dividend and a yield of 8.27%. The ex-dividend date of this dividend is Tuesday, August 14th.

About XAI OCTAGON FR/COM

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

Further Reading: Fundamental Analysis – How It Helps Investors

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