Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) to Issue $0.08 Monthly Dividend

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) announced a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Investors of record on Friday, February 14th will be given a dividend of 0.08 per share by the financial services provider on Friday, February 28th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 7.13%. The ex-dividend date of this dividend is Friday, February 14th.

Kayne Anderson Energy Infrastructure Fund Price Performance

NYSE:KYN traded up $0.06 during midday trading on Tuesday, hitting $13.46. The company’s stock had a trading volume of 348,134 shares, compared to its average volume of 557,452. Kayne Anderson Energy Infrastructure Fund has a fifty-two week low of $8.55 and a fifty-two week high of $13.69. The firm’s 50 day moving average is $12.97 and its 200-day moving average is $11.87.

Insider Transactions at Kayne Anderson Energy Infrastructure Fund

In related news, EVP Harrison James Little acquired 5,000 shares of the firm’s stock in a transaction dated Friday, January 17th. The stock was acquired at an average price of $13.04 per share, with a total value of $65,200.00. Following the acquisition, the executive vice president now directly owns 5,000 shares in the company, valued at $65,200. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Kayne Anderson Energy Infrastructure Fund Company Profile

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.