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

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) declared a monthly dividend on Tuesday, September 1st. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.09 per share by the financial services provider on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 7.2%. The ex-dividend date of this dividend is Tuesday, September 15th.

Kayne Anderson Energy Infrastructure Fund Trading Up 0.7%

KYN stock traded up $0.11 during mid-day trading on Tuesday, hitting $15.07. 468,916 shares of the company were exchanged, compared to its average volume of 412,219. The business has a 50 day simple moving average of $14.41 and a 200-day simple moving average of $14.08. Kayne Anderson Energy Infrastructure Fund has a 1-year low of $11.31 and a 1-year high of $15.17.

About Kayne Anderson Energy Infrastructure Fund

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.