Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) Declares Monthly Dividend of $0.08

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYNGet Free Report) declared a monthly dividend on Monday, October 14th, Wall Street Journal reports. Stockholders of record on Monday, December 16th will be given a dividend of 0.08 per share by the financial services provider on Tuesday, December 31st. This represents a $0.96 annualized dividend and a dividend yield of 8.21%. The ex-dividend date is Monday, December 16th.

Kayne Anderson Energy Infrastructure Fund has increased its dividend payment by an average of 90.5% annually over the last three years.

Kayne Anderson Energy Infrastructure Fund Stock Up 0.3 %

Shares of KYN opened at $11.69 on Monday. Kayne Anderson Energy Infrastructure Fund has a one year low of $7.87 and a one year high of $11.90. The business has a fifty day moving average of $10.87 and a 200 day moving average of $10.33.

Insiders Place Their Bets

In other Kayne Anderson Energy Infrastructure Fund news, major shareholder Metlife Investment Management, purchased 280,000 shares of Kayne Anderson Energy Infrastructure Fund stock in a transaction dated Wednesday, September 18th. The stock was purchased at an average price of $25.00 per share, with a total value of $7,000,000.00. Following the transaction, the insider now directly owns 280,000 shares of the company’s stock, valued at $7,000,000. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Kayne Anderson Energy Infrastructure Fund Company Profile

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Kayne Anderson MLP Investment Company is a closed ended equity mutual fund launched and managed by KA Fund Advisors, LLC. It is co-managed by Kayne Anderson Capital Advisors, L.P. The fund invests in the public equity markets of the United States. It invests in stocks of companies operating in the energy sector.

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Dividend History for Kayne Anderson Energy Infrastructure Fund (NYSE:KYN)

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