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

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) declared a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Stockholders of record on Friday, March 14th will be paid a dividend of 0.08 per share by the financial services provider on Monday, March 31st. This represents a $0.96 annualized dividend and a dividend yield of 7.72%. The ex-dividend date is Friday, March 14th.

Kayne Anderson Energy Infrastructure Fund Trading Down 2.0 %

NYSE KYN traded down $0.26 on Tuesday, hitting $12.43. 733,463 shares of the stock traded hands, compared to its average volume of 443,936. The stock has a 50-day moving average of $12.99 and a 200 day moving average of $12.24. Kayne Anderson Energy Infrastructure Fund has a twelve month low of $9.13 and a twelve month high of $13.69.

Insider Activity at Kayne Anderson Energy Infrastructure Fund

In related news, EVP Harrison James Little acquired 5,000 shares of the stock in a transaction that occurred on Friday, January 17th. The stock was purchased at an average cost of $13.04 per share, for a total transaction of $65,200.00. Following the purchase, the executive vice president now directly owns 5,000 shares in the company, valued at $65,200. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, President James C. Baker bought 20,000 shares of the business’s stock in a transaction on Friday, February 28th. The stock was bought at an average price of $12.60 per share, for a total transaction of $252,000.00. Following the completion of the purchase, the president now directly owns 700,939 shares of the company’s stock, valued at $8,831,831.40. The trade was a 2.94 % increase in their position. The disclosure for this purchase can be found here.

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.