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

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) declared a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Investors of record on Friday, March 14th will be paid a dividend of 0.08 per share by the financial services provider on Monday, March 31st. This represents a $0.96 dividend on an annualized basis and a yield of 7.72%. The ex-dividend date of this dividend is Friday, March 14th.

Kayne Anderson Energy Infrastructure Fund Stock Down 2.0 %

Shares of KYN stock traded down $0.26 during midday trading on Tuesday, reaching $12.43. 733,463 shares of the company were exchanged, compared to its average volume of 443,936. The company’s 50 day moving average price is $12.99 and its two-hundred day moving average price is $12.24. Kayne Anderson Energy Infrastructure Fund has a 12 month low of $9.13 and a 12 month high of $13.69.

Insider Activity at Kayne Anderson Energy Infrastructure Fund

In other Kayne Anderson Energy Infrastructure Fund news, EVP Harrison James Little acquired 5,000 shares of Kayne Anderson Energy Infrastructure Fund stock in a transaction dated Friday, January 17th. The stock was bought at an average price of $13.04 per share, for a total transaction of $65,200.00. Following the transaction, the executive vice president now owns 5,000 shares in the company, valued at approximately $65,200. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, President James C. Baker acquired 20,000 shares of the stock in a transaction dated Friday, February 28th. The stock was acquired at an average cost of $12.60 per share, for a total transaction of $252,000.00. Following the purchase, the president now directly owns 700,939 shares in the company, valued at approximately $8,831,831.40. The trade was a 2.94 % increase in their ownership of the stock. The disclosure for this purchase can be found here.

Kayne Anderson Energy Infrastructure Fund Company Profile

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.