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

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) announced a monthly dividend on Tuesday, June 3rd, Wall Street Journal reports. Investors of record on Friday, June 13th will be paid a dividend of 0.08 per share by the financial services provider on Monday, June 30th. This represents a $0.96 annualized dividend and a yield of 7.69%. The ex-dividend date of this dividend is Friday, June 13th.

Kayne Anderson Energy Infrastructure Fund Trading Up 1.0%

Kayne Anderson Energy Infrastructure Fund stock opened at $12.48 on Wednesday. The stock has a fifty day moving average price of $11.92 and a two-hundred day moving average price of $12.55. Kayne Anderson Energy Infrastructure Fund has a 52-week low of $9.60 and a 52-week high of $13.69.

Insider Transactions at Kayne Anderson Energy Infrastructure Fund

In other Kayne Anderson Energy Infrastructure Fund news, President James C. Baker bought 25,000 shares of Kayne Anderson Energy Infrastructure Fund stock in a transaction dated Friday, April 4th. The shares were acquired at an average cost of $11.41 per share, with a total value of $285,250.00. Following the acquisition, the president now directly owns 761,040 shares of the company’s stock, valued at $8,683,466.40. The trade was a 3.40% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In the last quarter, insiders have bought 74,350 shares of company stock valued at $863,047.

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.