SoftwarePhil
Posted - 1 week ago
Buy TODAY 11/14. Both of these ex-div on 11/15. 1. XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT) $0.085/share monthly dividend ex-div Nov. 15 Payable Dec. 2. --> Forward yield 14.83% $XFLT I bought this today. 2. $OXLC Oxford Lane Capital (NASDAQ:OXLC) $0.09/share monthly dividend ex-div 11/15. Payable 11/29. They also announced future dividends - same .09 monthly divy for: Payable Jan. 31; for shareholders of record Jan. 17; ex-div Jan. 17. Payable Feb. 28; for shareholders of record Feb. 14; ex-div Feb. 14. Payable Mar. 31; for shareholders of record Mar. 17; ex-div Mar. 17. --> Forward yield 20.49%
jg6021jg
Posted - 1 week ago
@antifapat Contacted Schwab about a couple months ago for the discounted DRIP on my shares of $ECC $XFLT $OCCI $OXLC I own. I usually execute buys via thinkirswim however I logged into the Schwab main website and noticed DRIP was showing as “NO” vertically across all positions. Called them a week ago to inquire why the delay, turns out the previous advisor I spoke with was a lazy fck and didn’t complete the process. I didn’t take it out on the advisor that I spoke with a week ago but he profusely apologized, gave my account a $150 bump and assured me he and his boss were taking ownership of executing the responsibility of ensuring discount DRIP would be on for next divy payout.
johannburkard
Posted - 1 week ago
@LVStrader I'm not in $SPMC, just considering it. I can't get $XFLT through my broker but I would probably buy. I'm in $EIC, $ECC, $OXLC and $CCIF.
antifapat
Posted - 1 week ago
Q. How long does discounted drip take to hit my account? A. This month, it took anywhere from 1 to 8 days. 1 day for $EDF & $OXLC -EDF paid $0.06/share on 10/30 and drip shares dropped 10/31 at Fidelity @ $4.88/share, a gain of 5.53% over share price of $5.15 or $0.27/share -OXLC paid $0.09/share on 10/31 and drip shares dropped 11/1 at Fidelity @ $5.00/share, a gain of 5.40% over share price of $5.27 or $0.27/share 4 days for CLM CRF ECC EIC & GOF 6 days for $XFLT -XFLT paid $0.085/share on 11/1 and drip shares dropped 11/7 at Fidelity @ $6.72/share, a gain of 3.42% over share price of $6.95 or $0.23/share 8 days for $CCIF & $OCCI -CCIF paid $0.105/share on 10/31 and drip shares dropped 11/8 at Fidelity @ $7.78/share, a gain of 5.78% over share price of $8.23 or $0.45/share -OCCI paid $0.115/share on 10/31 and drip shares dropped 11/8 at Fidelity @ $6.72/share, a gain of 8.18% over share price of $7.27 or $0.55/share IF IT DOESN'T DRIP AT A DISCOUNT YOU ARE LOSING MONEY
LVStrader
Posted - 1 week ago
@johannburkard no not familiar with that position. These are Income Architects list that he might have gotten from Steven Bavarians book “Income Factory”. Do you own the position you are speaking about? If so, what do you think of it? I was thinking of maybe adding $XFLT
ahulme
Posted - 1 month ago
$XFLT this is all dividend income… if you like this one you might be interested in $MCN but it has a lot of short term CG and ROC claims to have low volatility but IMO we are due for market correction soon… covered calls would be good at bottom of downtrend… Madison Covered Call & Equity Strategy Fund Announces Shareholder Approval of XA Investments as Investment Adviser and Madison Investments as Sub-Adviser; Fund to Rebrand as XAI Madison Equity Premium Income Fund
BUSINESS WIRE - 4:15 PM ET 10/15/2024
INVESTMENT NEWS
antifapat
Posted - 1 month ago
$XFLT drip shares dropped at fidelity @ $6.66/share
antifapat
Posted - 1 month ago
$XFLT need to see $7/share. less than 2 dimes...
antifapat
Posted - 1 month ago
still waiting for drip shares to drop at fidelity for $GOF $OCCI and $XFLT
SilverFoxSix
Posted - 09/23/24
@20contractbuy that's a tough call. I would trust $occi $clm $xflt for a long hold more than $orc because it's leveraged hard. Check out the yields too.
SilverFoxSix
Posted - 09/23/24
@wumiller don't forget $XFLT
SoftwarePhil
Posted - 1 month ago
$ECAT ex-div 10/15 pay 10/31 21% monthly div of .3016 $AGNC ex-div 9/30 pay 10/9 14% monthly I do like $XFLT $UTF $UTG as well.
SilverFoxSix
Posted - 2 months ago
$XFLT wow. Like zero volume today. I didn't expect this. As rates go down, all CLO stocks should be going up. $occi $clm
SilverFoxSix
Posted - 2 months ago
$XFLT just loaded up. If FED cuts by anything tomorrow (and then again in October ) I think today's low will be the lowest we see... ever again.
antifapat
Posted - 2 months ago
$XFLT a very merry ex-dividend day to all who celebrate!
antifapat
Posted - 2 months ago
$XFLT merry ex-div eve!
Madpup
Posted - 2 months ago
$XFLT Added 764 shares @ 6.87, no pre ex-dividend bump up, flat in price, attractive price to add more IMO.
Traderfritz
Posted - 2 months ago
$XFLT $OXLC At least these 2 still love me today $SOFI and $NVDA not so much.
Traderfritz
Posted - 2 months ago
$XFLT XAI Octagon Floating Rate Keeps Monthly Distribution at $0.085 a Share, Payable Oct. 1 to Holders as of Sept. 17
Traderfritz
Posted - 2 months ago
$XFLT
Traderfritz
Posted - 2 months ago
$OXLC $XFLT Picked up 1000 more XFLT at 6.79 (NAV 6.73). Little love shown to my $EIC this morning from BRiley 😙
SoftwarePhil
Posted - 2 months ago
$XFLT is another monthly payer ... going ex-div in middle of September ... I like $XFLT
Stock_Titan
Posted - 2 months ago
$XFLT XAI Octagon Floating Rate & Alternative Income Trust Will Host Q2 2024 Quarterly Webinar on August 29, 2024
https://www.stocktitan.net/news/XFLT/xai-octagon-floating-rate-amp-alternative-income-trust-will-host-q2-lraks4dxt5ev.html
SilverFoxSix
Posted - 3 months ago
$AAL $XFLT $USOI $IEP These are all buys on my port. American Air and old Carl being the best two, one capital the other dividend play.
SilverFoxSix
Posted - 3 months ago
$XFLT wow. If you guys didn't know, this is a buy all day. I usually buy when it hits 7 bucks. Scoop this up while it's low.
Jeepchick13
Posted - 3 months ago
$XFLT Any opinions out there if you u could only buy one would you get $OXLC $ACP or $XFLT
martinlees
Posted - 3 months ago
$XFLT so 7.09 ex-div?
SoftwarePhil
Posted - 3 months ago
$XFLT Upcoming monthly payer ex-div 8/15 pay-date 9/3 for .085 which is a 14.6% annual yield. $UTG $AGNC also coming up on ex-div dates later this month.