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

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) announced a monthly dividend on Friday, May 1st. Stockholders of record on Friday, May 15th will be paid a dividend of 0.085 per share by the financial services provider on Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 7.2%. The ex-dividend date is Friday, May 15th.

Kayne Anderson Energy Infrastructure Fund Stock Down 1.1%

Shares of KYN traded down $0.16 during trading hours on Friday, reaching $14.09. 407,541 shares of the stock traded hands, compared to its average volume of 460,022. Kayne Anderson Energy Infrastructure Fund has a 52-week low of $11.31 and a 52-week high of $14.69. The company’s 50-day moving average price is $13.91 and its two-hundred day moving average price is $12.84.

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.