SmarterDividends
XFLT

XAI Floating Rate & Alternative Income Trust

XFLT

Financial Services · Asset Management · Stock · monthly payer

$16.46

Undervalued · +115% Add to Portfolio

Forward Yield

16.40%

Annual Dividend

$2.70

Payout Ratio

699%

5-Yr Growth

1.9%

Ex-Date

Oct 15, 2026

Frequency

Monthly

Key facts about XFLT's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, XAI Floating Rate & Alternative Income Trust (XFLT) has a forward dividend yield of 16.40%, based on an annual dividend of $2.70 per share and a share price of $16.46.
  • As of Oct 27, 2026, XFLT's dividend safety grade from SmarterDividends is D (47 out of 100), which rates the dividend as unsafe.
  • XFLT last cut its regular dividend in 2025.
  • XFLT's most recent ex-dividend date was Oct 15, 2026, for a dividend of $0.23 per share.
  • XFLT's dividend has grown at an average rate of 1.9% a year over the past five years.
  • As of Oct 27, 2026, XFLT's 16.40% yield is 24% above its five-year average yield of 13.24%.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for XFLT is $35.33 per share, 115% above the $16.46 share price, so XFLT screens as undervalued.
  • XAI Floating Rate & Alternative Income Trust (XFLT) pays its dividend monthly, 12 times a year.
  • XAI Floating Rate & Alternative Income Trust (XFLT) has raised its regular dividend 3 times and cut it 5 times across the 108 payments on record since 2017. Its most recent change was a 25.0% cut to $0.225 per share, going ex-dividend on Apr 15, 2026.
Cite this page

SmarterDividends, "XFLT Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/XFLT

Summary

As of Oct 27, 2026, XAI Floating Rate & Alternative Income Trust (XFLT) yields 16.40% ($2.70 a year per share) and has a dividend safety grade of D (47/100).

Is XFLT a good dividend stock?

Mixed

XAI Floating Rate & Alternative Income Trust (XFLT) pays a monthly dividend yielding 16.40% ($2.70/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2025
    • Elevated payout ratio (699%)
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years
    • Below-average dividend safety score

    Key Data

    Dividend Yield
    16.40%
    Payout Ratio
    699%
    Annual Dividend
    $2.70
    5-Yr Avg Growth
    1.9%
    Ex-Dividend Date
    Oct 15, 2026
    Years of Growth
    0
    Frequency
    monthly
    Beta
    —
    Market Cap
    $250.7M
    P/E Ratio
    —
    5-Yr Total Return
    -64%
    52-Week Range
    $14.93 – $25.10
    Dividend Safety
    D · 47/100
    Ever Cut?
    Yes (2025)

    XFLT dividend raises and cuts

    XAI Floating Rate & Alternative Income Trust (XFLT) has raised its regular dividend 3 times and cut it 5 times across the 108 payments on record since 2017. Its most recent change was a 25.0% cut to $0.225 per share, going ex-dividend on Apr 15, 2026.

    Ex-dateChangeOld → newMove
    Apr 15, 2026Cut$0.300 → $0.225−25.0%
    Jan 15, 2026Cut$0.350 → $0.300−14.3%
    Jun 16, 2025Cut$0.385 → $0.350−9.1%
    Dec 16, 2024Cut$0.425 → $0.385−9.4%
    May 15, 2023Raise$0.365 → $0.425+16.4%
    Oct 14, 2020Raise$0.300 → $0.365+21.7%
    Apr 14, 2020Cut$0.365 → $0.300−17.8%
    May 14, 2019Raise$0.345 → $0.365+5.8%
    Every XFLT payment →Download every raise and cut (CSV)
    XFLT ex-dividend date & scheduleNext ex-date Oct 15, 2026 · full ex-dividend historyView →XFLT dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is XFLT a good dividend stock?

    Mixed. XAI Floating Rate & Alternative Income Trust (XFLT) pays a monthly dividend yielding 16.40% ($2.70/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

    Is XFLT undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, XFLT's fair value is about $35.33 versus a $16.46 share price — so it looks undervalued (+115% vs. fair value).

    Is XFLT's dividend safe?

    XFLT has a dividend-safety grade of D (47/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

    What is XFLT's fair value?

    Our blended fair-value estimate for XFLT is about $35.33 per share, roughly 115% above the current $16.46 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is XFLT a buy, hold, or sell?

    We don't issue formal ratings, but on the data XFLT screens as "mixed" and undervalued. XAI Floating Rate & Alternative Income Trust (XFLT) pays a monthly dividend yielding 16.40% ($2.70/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

    Will XFLT cut its dividend?

    XFLT earns a dividend-safety grade of D (47/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does XFLT pay a dividend?

    Yes. XAI Floating Rate & Alternative Income Trust pays a monthly dividend of about $2.70 per share annually, a forward yield of roughly 16.40%.

    What is XFLT's dividend yield?

    As of Oct 27, 2026, XFLT's forward dividend yield is 16.40%, based on a $2.70 annual dividend and a $16.46 share price.

    What is XFLT's dividend per share?

    As of Oct 27, 2026, XFLT pays $2.70 per share per year, distributed on a monthly basis.

    What is XFLT's dividend payout ratio?

    As of Oct 27, 2026, XFLT's payout ratio is 699% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has XFLT grown its dividend?

    XFLT does not currently have a long dividend-growth streak on record.

    When is the next XFLT ex-dividend date?

    As of Oct 27, 2026, XFLT's next ex-dividend date hasn't been announced. The most recent was Oct 15, 2026, for $0.23 per share.

    Income Calculator

    At $2.70 / yr per share

    Per payment (monthly)$22.50
    Annual$270.00
    Monthly avg$22.50

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