Kayne Anderson MLP Midstream Invstmnt Co (NYSE:KYN) Plans $0.12 Dividend

Kayne Anderson MLP Midstream Invstmnt Co (NYSE:KYN) announced a dividend on Thursday, June 27th, NASDAQ reports. Investors of record on Thursday, September 19th will be given a dividend of 0.12 per share by the financial services provider on Monday, September 30th. The ex-dividend date is Wednesday, September 18th.

Kayne Anderson MLP Midstream Invstmnt has decreased its dividend payment by an average of 9.5% per year over the last three years.

KYN opened at $15.07 on Tuesday. Kayne Anderson MLP Midstream Invstmnt has a 12 month low of $12.26 and a 12 month high of $18.53. The firm’s fifty day simple moving average is $14.41 and its 200 day simple moving average is $15.34.



In related news, President James C. Baker acquired 20,000 shares of the business’s stock in a transaction that occurred on Friday, June 28th. The shares were acquired at an average cost of $15.26 per share, with a total value of $305,200.00. Following the transaction, the president now owns 298,564 shares of the company’s stock, valued at approximately $4,556,086.64. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Albert L. Richey acquired 5,000 shares of the business’s stock in a transaction that occurred on Friday, August 23rd. The stock was bought at an average cost of $13.90 per share, for a total transaction of $69,500.00. Following the completion of the transaction, the director now directly owns 17,068 shares in the company, valued at approximately $237,245.20. The disclosure for this purchase can be found here. Insiders purchased a total of 30,304 shares of company stock worth $455,215 over the last ninety days.

About Kayne Anderson MLP Midstream Invstmnt

Kayne Anderson MLP/Midstream Investment Co operates as a closed end management investment trust, which invests principally in equity securities of energy-related master limited partnerships. Its investment objective is to obtain high after-tax total returns for its shareholders. The company was founded on June 4, 2004 and is headquartered in Houston, TX.

See Also: Arbitrage

Dividend History for Kayne Anderson MLP Midstream Invstmnt (NYSE:KYN)

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