Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) declared a quarterly dividend on Thursday, September 23rd, Zacks reports. Investors of record on Monday, October 4th will be given a dividend of 0.175 per share by the financial services provider on Friday, October 8th. This represents a $0.70 annualized dividend and a dividend yield of 8.76%. The ex-dividend date is Friday, October 1st.
KYN opened at $7.99 on Friday. Kayne Anderson Energy Infrastructure Fund has a twelve month low of $3.78 and a twelve month high of $9.30. The company has a 50-day moving average price of $7.88 and a 200 day moving average price of $7.91.
An institutional investor recently bought a new position in Kayne Anderson Energy Infrastructure Fund stock. Millennium Management LLC acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 14,500 shares of the financial services provider’s stock, valued at approximately $129,000.
Kayne Anderson Energy Infrastructure Fund, Inc 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.
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