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

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) declared a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Investors of record on Friday, February 14th will be paid 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 yield of 7.13%. The ex-dividend date is Friday, February 14th.

Kayne Anderson Energy Infrastructure Fund Price Performance

Shares of KYN opened at $13.46 on Wednesday. The firm has a 50-day moving average of $12.97 and a 200-day moving average of $11.90. Kayne Anderson Energy Infrastructure Fund has a one year low of $8.55 and a one year high of $13.69.

Insider Transactions at Kayne Anderson Energy Infrastructure Fund

In other news, EVP Harrison James Little bought 5,000 shares of the firm’s stock in a transaction dated Friday, January 17th. The shares were bought at an average price of $13.04 per share, with a total value of $65,200.00. Following the completion of the transaction, the executive vice president now owns 5,000 shares of the company’s stock, valued at $65,200. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.

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.