Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) To Go Ex-Dividend on November 15th

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) announced a monthly dividend on Thursday, October 10th,NASDAQ Dividends reports. Shareholders of record on Friday, November 15th will be paid a dividend of 0.08 per share by the financial services provider on Friday, November 29th. This represents a $0.96 annualized dividend and a yield of 7.48%. The ex-dividend date is Friday, November 15th.

Kayne Anderson Energy Infrastructure Fund has increased its dividend payment by an average of 90.5% annually over the last three years.

Kayne Anderson Energy Infrastructure Fund Stock Performance

KYN remained flat at $12.83 during trading hours on Wednesday. 171,509 shares of the company were exchanged, compared to its average volume of 464,190. Kayne Anderson Energy Infrastructure Fund has a 1-year low of $8.18 and a 1-year high of $13.05. The business’s fifty day moving average price is $11.50 and its two-hundred day moving average price is $10.67.

Insider Transactions at Kayne Anderson Energy Infrastructure Fund

In other Kayne Anderson Energy Infrastructure Fund news, major shareholder Metlife Investment Management, bought 280,000 shares of the business’s stock in a transaction on Wednesday, September 18th. The shares were bought at an average cost of $25.00 per share, with a total value of $7,000,000.00. Following the transaction, the insider now directly owns 280,000 shares in the company, valued at approximately $7,000,000. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

About Kayne Anderson Energy Infrastructure Fund

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.