Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) Declares Monthly Dividend of $0.10

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) announced a monthly dividend on Tuesday, September 22nd. Shareholders of record on Thursday, October 15th will be given a dividend of 0.095 per share by the financial services provider on Friday, October 30th. This represents a c) annualized dividend and a yield of 8.0%. The ex-dividend date is Thursday, October 15th. This is a 5.6% increase from Kayne Anderson Energy Infrastructure Fund’s previous monthly dividend of $0.09.

Kayne Anderson Energy Infrastructure Fund Trading Up 0.5%

Shares of KYN stock opened at $14.27 on Wednesday. The business’s 50 day moving average is $14.65 and its two-hundred day moving average is $14.18. Kayne Anderson Energy Infrastructure Fund has a twelve month low of $11.31 and a twelve month high of $15.17.

Insider Activity at Kayne Anderson Energy Infrastructure Fund

In other Kayne Anderson Energy Infrastructure Fund news, Director Carita Walker bought 3,400 shares of Kayne Anderson Energy Infrastructure Fund stock in a transaction that occurred on Thursday, August 20th. The stock was purchased at an average cost of $14.70 per share, for a total transaction of $49,980.00. Following the completion of the acquisition, the director owned 3,400 shares of the company’s stock, valued at approximately $49,980. This represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Institutional Trading of Kayne Anderson Energy Infrastructure Fund

A number of hedge funds have recently bought and sold shares of the company. Secure Asset Management LLC increased its holdings in Kayne Anderson Energy Infrastructure Fund by 1.0% during the second quarter. Secure Asset Management LLC now owns 79,697 shares of the financial services provider’s stock worth $1,102,000 after buying an additional 827 shares during the last quarter. Chicago Partners Investment Group LLC increased its position in Kayne Anderson Energy Infrastructure Fund by 3.4% during the first quarter. Chicago Partners Investment Group LLC now owns 28,888 shares of the financial services provider’s stock worth $389,000 after acquiring an additional 947 shares during the period. Bridgewater Advisors Inc. increased its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 0.6% during the first quarter. Bridgewater Advisors Inc. now owns 190,006 shares of the financial services provider’s stock worth $2,683,000 after purchasing an additional 1,073 shares during the period. Kestra Advisory Services LLC raised its holdings in Kayne Anderson Energy Infrastructure Fund by 4.8% in the 1st quarter. Kestra Advisory Services LLC now owns 23,424 shares of the financial services provider’s stock valued at $334,000 after acquiring an additional 1,075 shares in the last quarter. Finally, Concorde Asset Management LLC raised its stake in Kayne Anderson Energy Infrastructure Fund by 2.6% in the second quarter. Concorde Asset Management LLC now owns 46,170 shares of the financial services provider’s stock valued at $639,000 after purchasing an additional 1,160 shares in the last quarter.

Kayne Anderson Energy Infrastructure Fund Company Profile

Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) is a publicly traded closed-end investment company focused on the energy infrastructure sector. The fund seeks to provide investors with exposure to companies involved in the transportation, storage, processing and distribution of energy commodities and related infrastructure.

KYN invests primarily in midstream energy infrastructure businesses, including master limited partnerships, corporations and other publicly traded entities. Its portfolio may include companies that own or operate pipelines, gathering and processing systems, storage facilities, terminals and other assets serving the oil, natural gas and natural gas liquids industries.

The fund invests across North American energy infrastructure markets, with a focus on the United States and Canada.