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

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) declared a monthly dividend on Tuesday, September 22nd. Stockholders of record on Thursday, October 15th will be paid a dividend of 0.095 per share by the financial services provider on Friday, October 30th. This represents a c) annualized dividend and a dividend yield of 8.0%. The ex-dividend date of this dividend is Thursday, October 15th. This is a 5.6% increase from Kayne Anderson Energy Infrastructure Fund’s previous monthly dividend of $0.09.

Kayne Anderson Energy Infrastructure Fund Trading Down 0.2%

NYSE KYN opened at $14.16 on Thursday. Kayne Anderson Energy Infrastructure Fund has a 12 month low of $11.31 and a 12 month high of $15.17. The company’s 50 day simple moving average is $14.65 and its 200 day simple moving average is $14.18.

Insider Activity

In related news, Director Carita Walker purchased 3,400 shares of the company’s stock in a transaction on Thursday, August 20th. The shares were bought at an average price of $14.70 per share, with a total value of $49,980.00. Following the completion of the acquisition, the director owned 3,400 shares of the company’s stock, valued at approximately $49,980. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Institutional Investors Weigh In On Kayne Anderson Energy Infrastructure Fund

Several large investors have recently modified their holdings of the stock. Allworth Financial LP lifted its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 5,166.7% during the fourth quarter. Allworth Financial LP now owns 3,160 shares of the financial services provider’s stock valued at $39,000 after purchasing an additional 3,100 shares during the last quarter. BlackRock Inc. purchased a new position in Kayne Anderson Energy Infrastructure Fund in the 2nd quarter worth about $98,000. Integrated Wealth Concepts LLC purchased a new position in Kayne Anderson Energy Infrastructure Fund in the 2nd quarter worth about $132,000. Ausdal Financial Partners Inc. acquired a new stake in Kayne Anderson Energy Infrastructure Fund during the 2nd quarter worth about $144,000. Finally, Equitable Holdings Inc. purchased a new stake in Kayne Anderson Energy Infrastructure Fund during the second quarter valued at about $161,000.

Kayne Anderson Energy Infrastructure Fund Company Profile

Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) is a publicly traded closed-end investment company focused on the energy infrastructure sector. The fund seeks to provide investors with exposure to companies involved in the transportation, storage, processing and distribution of energy commodities and related infrastructure.

KYN invests primarily in midstream energy infrastructure businesses, including master limited partnerships, corporations and other publicly traded entities. Its portfolio may include companies that own or operate pipelines, gathering and processing systems, storage facilities, terminals and other assets serving the oil, natural gas and natural gas liquids industries.

The fund invests across North American energy infrastructure markets, with a focus on the United States and Canada.