Kayne Anderson Energy Infrastructure Fund, Inc. Declares Monthly Dividend of $0.08 (NYSE:KYN)

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) declared a monthly dividend on Monday, December 1st. Investors of record on Monday, December 15th will be given a dividend of 0.08 per share by the financial services provider on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 7.8%. The ex-dividend date of this dividend is Monday, December 15th.

Kayne Anderson Energy Infrastructure Fund Stock Performance

NYSE:KYN traded down $0.09 during trading hours on Monday, reaching $12.33. The stock had a trading volume of 339,326 shares, compared to its average volume of 419,963. Kayne Anderson Energy Infrastructure Fund has a 52 week low of $9.82 and a 52 week high of $13.69. The company has a 50 day moving average price of $11.91 and a two-hundred day moving average price of $12.18.

Insider Activity at Kayne Anderson Energy Infrastructure Fund

In other Kayne Anderson Energy Infrastructure Fund news, President James C. Baker purchased 25,000 shares of the firm’s stock in a transaction dated Monday, November 24th. The shares were acquired at an average price of $11.74 per share, with a total value of $293,500.00. Following the purchase, the president directly owned 886,040 shares in the company, valued at approximately $10,402,109.60. This trade represents a 2.90% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Austin Colby Parker acquired 2,500 shares of Kayne Anderson Energy Infrastructure Fund stock in a transaction dated Monday, September 22nd. The stock was bought at an average price of $12.18 per share, for a total transaction of $30,450.00. Following the completion of the purchase, the chief financial officer owned 9,167 shares of the company’s stock, valued at approximately $111,654.06. This represents a 37.50% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have bought a total of 62,500 shares of company stock worth $741,600 over the last quarter.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of KYN. D.A. Davidson & CO. lifted its holdings in Kayne Anderson Energy Infrastructure Fund by 3.5% in the second quarter. D.A. Davidson & CO. now owns 25,623 shares of the financial services provider’s stock worth $326,000 after purchasing an additional 875 shares during the period. CWM LLC grew its stake in shares of Kayne Anderson Energy Infrastructure Fund by 39.3% in the 1st quarter. CWM LLC now owns 3,307 shares of the financial services provider’s stock valued at $42,000 after buying an additional 933 shares in the last quarter. NewEdge Wealth LLC boosted its stake in shares of Kayne Anderson Energy Infrastructure Fund by 4.0% during the 3rd quarter. NewEdge Wealth LLC now owns 26,100 shares of the financial services provider’s stock worth $300,000 after acquiring an additional 1,000 shares in the last quarter. Prospera Financial Services Inc grew its stake in Kayne Anderson Energy Infrastructure Fund by 0.6% in the 3rd quarter. Prospera Financial Services Inc now owns 176,384 shares of the financial services provider’s stock valued at $2,182,000 after buying an additional 1,109 shares during the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S grew its holdings in Kayne Anderson Energy Infrastructure Fund by 1.3% in the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 94,200 shares of the financial services provider’s stock valued at $1,165,000 after buying an additional 1,192 shares during the last quarter.

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.