Kayne Anderson Midstream Energy Fd, Inc. (NYSE:KMF) announced a monthly dividend on Thursday, June 27th, Zacks reports. Stockholders of record on Thursday, July 18th will be given a dividend of 0.075 per share by the closed-end fund on Wednesday, July 31st. This represents a $0.90 dividend on an annualized basis and a dividend yield of 7.50%. The ex-dividend date is Wednesday, July 17th.

Kayne Anderson Midstream Energy Fd has decreased its dividend payment by an average of 13.6% per year over the last three years.

Kayne Anderson Midstream Energy Fd stock opened at $12.00 on Tuesday. Kayne Anderson Midstream Energy Fd has a 12 month low of $8.57 and a 12 month high of $13.90. The firm has a 50 day simple moving average of $11.56.

In other news, President James C. Baker purchased 20,000 shares of the company’s stock in a transaction that occurred on Friday, June 28th. The stock was purchased at an average cost of $11.55 per share, for a total transaction of $231,000.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

About Kayne Anderson Midstream Energy Fd

Kayne Anderson Midstream/Energy Fund, Inc is a close-ended equity mutual fund launched and managed by KA Fund Advisors, LLC. It invests in public equity markets of North America. The fund primarily invests in companies in the midstream/energy sector consisting of Midstream MLPs, Midstream Companies, Other MLPs and Other Energy companies.

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Dividend History for Kayne Anderson Midstream Energy Fd (NYSE:KMF)

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