Kayne Anderson Midstream Energy Fd, Inc. (NYSE:KMF) announced a monthly dividend on Thursday, October 3rd, Zacks reports. Stockholders of record on Thursday, October 24th will be given a dividend of 0.075 per share by the closed-end fund on Thursday, October 31st. This represents a $0.90 dividend on an annualized basis and a dividend yield of 8.72%. The ex-dividend date is Wednesday, October 23rd.
NYSE:KMF opened at $10.32 on Monday. The firm’s 50-day moving average price is $10.69 and its 200-day moving average price is $11.30. Kayne Anderson Midstream Energy Fd has a 1-year low of $8.57 and a 1-year high of $12.42.
In other Kayne Anderson Midstream Energy Fd news, Director Albert L. Richey bought 5,016 shares of Kayne Anderson Midstream Energy Fd stock in a transaction dated Friday, August 23rd. The shares were purchased at an average cost of $10.39 per share, with a total value of $52,116.24. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.
Kayne Anderson Midstream Energy Fd Company Profile
Kayne Anderson Midstream/Energy Fund, Inc is a close-ended equity mutual fund launched and managed by KA Fund Advisors, LLC. It invests in public equity markets of North America. The fund primarily invests in companies in the midstream/energy sector consisting of Midstream MLPs, Midstream Companies, Other MLPs and Other Energy companies.
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