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

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) declared a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Stockholders of record on Tuesday, April 15th will be paid a dividend of 0.08 per share by the financial services provider on Wednesday, April 30th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 7.65%. The ex-dividend date is Tuesday, April 15th.

Kayne Anderson Energy Infrastructure Fund Price Performance

Shares of NYSE:KYN opened at $12.55 on Friday. Kayne Anderson Energy Infrastructure Fund has a 1-year low of $9.29 and a 1-year high of $13.69. The business’s 50 day moving average is $12.84 and its 200-day moving average is $12.52.

Insider Buying and Selling

In other Kayne Anderson Energy Infrastructure Fund news, President James C. Baker bought 20,000 shares of the stock in a transaction that occurred on Wednesday, March 12th. The shares were acquired at an average price of $12.27 per share, with a total value of $245,400.00. Following the completion of the purchase, the president now directly owns 720,939 shares in the company, valued at $8,845,921.53. The trade was a 2.85 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Harrison James Little purchased 5,000 shares of the firm’s stock in a transaction that occurred on Friday, January 17th. The stock was bought at an average cost of $13.04 per share, for a total transaction of $65,200.00. Following the purchase, the executive vice president now owns 5,000 shares in the company, valued at $65,200. This represents a ? increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders bought a total of 45,000 shares of company stock valued at $562,600 over the last ninety days.

Kayne Anderson Energy Infrastructure Fund Company Profile

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.