Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) to Issue Monthly Dividend of $0.09 on March 31st

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) announced a monthly dividend on Monday, March 2nd. Shareholders of record on Friday, March 13th will be given a dividend of 0.085 per share by the financial services provider on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date is Friday, March 13th.

Kayne Anderson Energy Infrastructure Fund Stock Down 1.8%

Shares of NYSE:KYN opened at $14.08 on Wednesday. The company has a 50 day moving average of $12.98 and a 200-day moving average of $12.37. Kayne Anderson Energy Infrastructure Fund has a twelve month low of $9.82 and a twelve month high of $14.49.

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.