Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) To Go Ex-Dividend on May 15th

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) announced a monthly dividend on Friday, May 1st. Shareholders 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 yield of 7.3%. The ex-dividend date is Friday, May 15th.

Kayne Anderson Energy Infrastructure Fund Stock Up 1.4%

Shares of NYSE:KYN opened at $14.02 on Wednesday. The firm’s 50 day moving average price is $13.90 and its 200 day moving average price is $12.95. Kayne Anderson Energy Infrastructure Fund has a fifty-two week low of $11.31 and a fifty-two week high of $14.69.

Insiders Place Their Bets

In other Kayne Anderson Energy Infrastructure Fund news, CFO Austin Colby Parker purchased 2,500 shares of the business’s stock in a transaction on Wednesday, March 25th. The shares were bought at an average cost of $14.32 per share, for a total transaction of $35,800.00. Following the completion of the purchase, the chief financial officer directly owned 12,011 shares in the company, valued at approximately $171,997.52. This represents a 26.29% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Holli C. Ladhani purchased 3,600 shares of the firm’s stock in a transaction on Monday, February 23rd. The shares were acquired at an average cost of $13.89 per share, with a total value of $50,004.00. Following the completion of the acquisition, the director directly owned 3,600 shares in the company, valued at $50,004. The trade was a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders bought 91,100 shares of company stock worth $1,253,104.

Institutional Investors Weigh In On Kayne Anderson Energy Infrastructure Fund

Institutional investors have recently added to or reduced their stakes in the business. Johnson Investment Counsel Inc. grew its position in shares of Kayne Anderson Energy Infrastructure Fund by 2.0% in the fourth quarter. Johnson Investment Counsel Inc. now owns 42,491 shares of the financial services provider’s stock valued at $526,000 after purchasing an additional 821 shares during the last quarter. Secure Asset Management LLC raised its position in shares of Kayne Anderson Energy Infrastructure Fund by 0.9% during the 4th quarter. Secure Asset Management LLC now owns 90,275 shares of the financial services provider’s stock worth $1,118,000 after purchasing an additional 827 shares during the last quarter. Chicago Partners Investment Group LLC lifted its stake in Kayne Anderson Energy Infrastructure Fund by 3.4% in the 1st quarter. Chicago Partners Investment Group LLC now owns 28,888 shares of the financial services provider’s stock valued at $389,000 after buying an additional 947 shares in the last quarter. NewEdge Wealth LLC lifted its stake in Kayne Anderson Energy Infrastructure Fund by 4.0% in the 3rd quarter. NewEdge Wealth LLC now owns 26,100 shares of the financial services provider’s stock valued at $300,000 after buying an additional 1,000 shares in the last quarter. Finally, Mutual Advisors LLC grew its holdings in Kayne Anderson Energy Infrastructure Fund by 2.1% during the 4th quarter. Mutual Advisors LLC now owns 48,516 shares of the financial services provider’s stock valued at $601,000 after buying an additional 1,011 shares during the last quarter.

About Kayne Anderson Energy Infrastructure Fund

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.