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, February 4th,Wall Street Journal reports. Shareholders 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 annualized dividend and a yield of 7.13%. The ex-dividend date is Friday, February 14th.

Kayne Anderson Energy Infrastructure Fund Stock Up 0.5 %

Kayne Anderson Energy Infrastructure Fund stock traded up $0.06 during trading hours on Tuesday, hitting $13.46. The stock had a trading volume of 348,134 shares, compared to its average volume of 557,452. Kayne Anderson Energy Infrastructure Fund has a 12-month low of $8.55 and a 12-month high of $13.69. The stock’s 50-day moving average price is $12.97 and its 200-day moving average price is $11.87.

Insiders Place Their Bets

In other news, EVP Harrison James Little bought 5,000 shares of the firm’s stock in a transaction on Friday, January 17th. The stock was acquired at an average cost of $13.04 per share, with a total value of $65,200.00. Following the completion of the acquisition, the executive vice president now owns 5,000 shares of the company’s stock, valued at approximately $65,200. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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.