Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) Announces $0.09 Monthly Dividend

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) announced a monthly dividend on Monday, June 1st. Stockholders of record on Monday, June 15th will be given a dividend of 0.085 per share by the financial services provider on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 7.4%. The ex-dividend date is Monday, June 15th.

Kayne Anderson Energy Infrastructure Fund Stock Performance

Shares of KYN traded up $0.15 during trading hours on Monday, hitting $13.83. 415,425 shares of the company were exchanged, compared to its average volume of 452,292. Kayne Anderson Energy Infrastructure Fund has a fifty-two week low of $11.31 and a fifty-two week high of $14.69. The firm’s fifty day moving average is $13.92 and its 200 day moving average is $13.19.

Kayne Anderson Energy Infrastructure Fund Company Profile

The Kayne Anderson Energy Infrastructure Fund, Inc (NYSE: KYN) is a closed-end management investment company that focuses on energy infrastructure assets. The fund’s portfolio is primarily composed of equity securities of publicly traded partnerships—including master limited partnerships (MLPs)—and other energy-related companies. Key sectors in its midstream-oriented strategy include the transportation, storage, processing and distribution of natural gas, crude oil and refined products.

Since commencing operations in 2014, Kayne Anderson Energy Infrastructure Fund has pursued a dual objective of current income generation and long-term capital appreciation.