Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN – Get Free Report) announced a monthly dividend on Thursday, December 18th. Stockholders of record on Thursday, January 15th will be paid a dividend of 0.085 per share by the financial services provider on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 8.6%. The ex-dividend date is Thursday, January 15th. This is a 6.3% increase from Kayne Anderson Energy Infrastructure Fund’s previous monthly dividend of $0.08.
Kayne Anderson Energy Infrastructure Fund Stock Performance
Shares of KYN opened at $11.84 on Friday. Kayne Anderson Energy Infrastructure Fund has a 12 month low of $9.82 and a 12 month high of $13.65. The stock has a fifty day moving average price of $11.86 and a 200 day moving average price of $12.17.
About Kayne Anderson Energy Infrastructure Fund
The Kayne Anderson Energy Infrastructure Fund, Inc (NYSE: KYN) is a closed-end management investment company that focuses on energy infrastructure assets. The fund’s portfolio is primarily composed of equity securities of publicly traded partnerships—including master limited partnerships (MLPs)—and other energy-related companies. Key sectors in its midstream-oriented strategy include the transportation, storage, processing and distribution of natural gas, crude oil and refined products.
Since commencing operations in 2014, Kayne Anderson Energy Infrastructure Fund has pursued a dual objective of current income generation and long-term capital appreciation.
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