Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) to Distribute Monthly Dividend of $0.08 on February 28th

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) declared a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Investors of record on Friday, February 14th will be given a dividend of 0.08 per share by the financial services provider on Friday, February 28th. This represents a $0.96 annualized dividend and a yield of 7.13%. The ex-dividend date of this dividend is Friday, February 14th.

Kayne Anderson Energy Infrastructure Fund Trading Up 0.5 %

Shares of NYSE:KYN opened at $13.46 on Wednesday. The company has a 50 day moving average of $12.97 and a 200-day moving average of $11.90. Kayne Anderson Energy Infrastructure Fund has a one year low of $8.55 and a one year high of $13.69.

Insiders Place Their Bets

In related news, EVP Harrison James Little bought 5,000 shares of Kayne Anderson Energy Infrastructure Fund stock in a transaction on Friday, January 17th. The shares were purchased at an average price of $13.04 per share, for a total transaction of $65,200.00. Following the completion of the acquisition, the executive vice president now owns 5,000 shares in the company, valued at approximately $65,200. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

About Kayne Anderson Energy Infrastructure Fund

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.