Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN – Get Free Report) Director Holli Ladhani purchased 3,600 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The stock was acquired at an average price of $13.89 per share, for a total transaction of $50,004.00. Following the purchase, the director owned 3,600 shares of the company’s stock, valued at approximately $50,004. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Kayne Anderson Energy Infrastructure Fund Trading Down 0.9%
KYN traded down $0.13 on Tuesday, reaching $13.80. The company’s stock had a trading volume of 138,960 shares, compared to its average volume of 478,332. Kayne Anderson Energy Infrastructure Fund, Inc. has a 1 year low of $9.82 and a 1 year high of $13.96. The business’s 50 day moving average is $12.71 and its 200 day moving average is $12.30.
Kayne Anderson Energy Infrastructure Fund Dividend Announcement
The business also recently declared a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 13th will be given a dividend of $0.085 per share. The ex-dividend date of this dividend is Friday, February 13th. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%.
Institutional Inflows and Outflows
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.
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