Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN – Get Free Report) EVP Harrison James Little purchased 5,000 shares of the business’s stock in a transaction dated Thursday, March 19th. The shares were acquired at an average price of $14.12 per share, with a total value of $70,600.00. Following the completion of the acquisition, the executive vice president owned 15,599 shares of the company’s stock, valued at approximately $220,257.88. The trade was a 47.17% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Kayne Anderson Energy Infrastructure Fund Stock Performance
Shares of Kayne Anderson Energy Infrastructure Fund stock opened at $14.22 on Friday. Kayne Anderson Energy Infrastructure Fund, Inc. has a 1 year low of $9.82 and a 1 year high of $14.49. The company’s fifty day simple moving average is $13.43 and its 200-day simple moving average is $12.52.
Kayne Anderson Energy Infrastructure Fund Dividend Announcement
The business also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be issued a dividend of $0.085 per share. The ex-dividend date is Friday, March 13th. This represents a c) annualized dividend and a dividend yield of 7.2%.
Institutional Investors Weigh In On Kayne Anderson Energy Infrastructure Fund
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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