XAI Floating Rate & Alternative Income Trust
XFLTFinancial Services · Stock · monthly payer
Forward Yield
14.26%
Annual Dividend
$2.70
Payout Ratio
561%
5-Yr Growth
1.9%
Ex-Date
Sep 15, 2026
Frequency
Monthly
Summary
As of September 2026, XAI Floating Rate & Alternative Income Trust (XFLT) yields 14.26% ($2.70 per share annually), with a blended fair-value estimate of $31.50 — +63% upside, so it screens as undervalued. Dividend safety grade: D (48/100).
Is XFLT a good dividend stock?
MixedXAI Floating Rate & Alternative Income Trust (XFLT) pays a monthly dividend yielding 14.26% ($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 (561%)
- 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
- 14.26%
- Payout Ratio
- 561%
- Annual Dividend
- $2.70
- 5-Yr Avg Growth
- 1.9%
- Ex-Dividend Date
- Sep 15, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- —
- Market Cap
- $288.9M
- P/E Ratio
- —
- 5-Yr Total Return
- -55%
- 52-Week Range
- $14.93 – $28.50
- Dividend Safety
- D · 48/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
XFLT Price — Last 12 Months
Daily close
Price Return
1 Year
-27%
3 Years
-45%
5 Years
-55%
52-Week Range
$14.93 – $28.50
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is XFLT worth?
Undervaluedmedium confidenceOur blended fair-value estimate for XAI Floating Rate & Alternative Income Trust is $31.50 per share, versus a market price of $19.27. That implies 63% of upside — a margin of safety of about 39%.
Fair Value
$31.50
Current Price
$19.27
Upside
+63%
Margin of Safety
39%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model -5.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.3% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, -$3.87 EPS, $2.70 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
XFLT Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 17, 2026 | — | $0.2250 | regular |
| Jul 15, 2026 | — | $0.2250 | regular |
| Jun 15, 2026 | — | $0.2250 | regular |
| May 15, 2026 | — | $0.2250 | regular |
| Apr 15, 2026 | — | $0.2250 | regular |
| Mar 16, 2026 | — | $0.3000 | regular |
| Feb 17, 2026 | — | $0.3000 | regular |
| Jan 15, 2026 | — | $0.3000 | regular |
| Dec 15, 2025 | — | $0.3500 | regular |
| Nov 17, 2025 | — | $0.3500 | regular |
| Oct 15, 2025 | — | $0.3500 | regular |
| Sep 16, 2025 | — | $0.3500 | regular |
| Aug 15, 2025 | — | $0.3500 | regular |
| Jul 15, 2025 | — | $0.3500 | regular |
Income Calculator
At $2.70 / yr per share
