Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) Announces Dividend Increase – $0.09 Per Share

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) declared a monthly dividend on Thursday, June 18th. Shareholders of record on Wednesday, July 15th will be paid a dividend of 0.09 per share by the financial services provider on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 8.1%. The ex-dividend date is Wednesday, July 15th. This is a 5.9% increase from Kayne Anderson Energy Infrastructure Fund’s previous monthly dividend of $0.09.

Kayne Anderson Energy Infrastructure Fund Stock Performance

Shares of NYSE KYN opened at $13.28 on Friday. Kayne Anderson Energy Infrastructure Fund has a one year low of $11.31 and a one year high of $14.69. The business’s 50-day moving average price is $13.86 and its two-hundred day moving average price is $13.37.

Kayne Anderson Energy Infrastructure Fund Company Profile

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.