Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) Shareholders to Receive $0.10 Monthly Dividend

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) declared a monthly dividend on Monday, November 2nd. Investors of record on Monday, November 16th will be paid a dividend of $0.0950 per share by the financial services provider on Monday, November 30th. This represents a $1.14 dividend on an annualized basis and a yield of 8.0%. The ex-dividend date of this dividend is Monday, November 16th.

Kayne Anderson Energy Infrastructure Fund Price Performance

KYN stock traded down $0.55 during trading on Monday, reaching $14.26. 453,372 shares of the stock traded hands, compared to its average volume of 391,832. The business’s 50 day moving average price is $14.39 and its 200-day moving average price is $14.02. Kayne Anderson Energy Infrastructure Fund has a 52-week low of $11.31 and a 52-week high of $15.17.

Insider Activity at Kayne Anderson Energy Infrastructure Fund

In other news, Director Carita Walker acquired 3,400 shares of Kayne Anderson Energy Infrastructure Fund stock in a transaction dated Thursday, August 20th. The shares were acquired at an average cost of $14.70 per share, with a total value of $49,980.00. Following the purchase, the director directly owned 3,400 shares of the company’s stock, valued at approximately $49,980. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of KYN. Commonwealth Equity Services LLC increased its holdings in Kayne Anderson Energy Infrastructure Fund by 38.3% in the 3rd quarter. Commonwealth Equity Services LLC now owns 314,424 shares of the financial services provider’s stock valued at $4,276,000 after purchasing an additional 87,104 shares in the last quarter. City of London Investment Management Co. Ltd. lifted its stake in shares of Kayne Anderson Energy Infrastructure Fund by 1.4% during the third quarter. City of London Investment Management Co. Ltd. now owns 3,635,032 shares of the financial services provider’s stock worth $49,436,000 after purchasing an additional 50,339 shares in the last quarter. MGO One Seven LLC boosted its position in shares of Kayne Anderson Energy Infrastructure Fund by 1.8% in the third quarter. MGO One Seven LLC now owns 175,197 shares of the financial services provider’s stock worth $2,383,000 after buying an additional 3,164 shares during the period. Blueprint Investment Partners LLC boosted its position in shares of Kayne Anderson Energy Infrastructure Fund by 53.9% in the third quarter. Blueprint Investment Partners LLC now owns 28,653 shares of the financial services provider’s stock worth $390,000 after buying an additional 10,033 shares during the period. Finally, Blueprint Financial Advisors LLC boosted its position in shares of Kayne Anderson Energy Infrastructure Fund by 54.0% in the third quarter. Blueprint Financial Advisors LLC now owns 28,669 shares of the financial services provider’s stock worth $390,000 after buying an additional 10,049 shares during the period.

Kayne Anderson Energy Infrastructure Fund Company Profile

Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) is a publicly traded closed-end investment company focused on the energy infrastructure sector. The fund invests primarily in companies that own or operate infrastructure used to gather, process, transport, store and distribute energy, including master limited partnerships (MLPs) and publicly traded corporations.

KYN’s portfolio may include midstream energy businesses involved in oil, natural gas and natural gas liquids, as well as companies participating in related infrastructure and energy-transition activities.