Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) to Issue Monthly Dividend of $0.09 on June 30th

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) announced a monthly dividend on Monday, June 1st. Investors 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) dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date is Monday, June 15th.

Kayne Anderson Energy Infrastructure Fund Stock Up 0.9%

NYSE:KYN opened at $13.95 on Wednesday. The stock’s 50-day simple moving average is $13.92 and its 200 day simple moving average is $13.20. Kayne Anderson Energy Infrastructure Fund has a 52-week low of $11.31 and a 52-week high of $14.69.

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.