Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) to Issue Monthly Dividend of $0.09

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) announced a monthly dividend on Monday, August 3rd. Stockholders of record on Friday, August 14th will be given a dividend of 0.09 per share by the financial services provider on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date of this dividend is Friday, August 14th.

Kayne Anderson Energy Infrastructure Fund Price Performance

Shares of Kayne Anderson Energy Infrastructure Fund stock traded down $0.15 on Monday, hitting $14.46. The company’s stock had a trading volume of 212,079 shares, compared to its average volume of 428,935. Kayne Anderson Energy Infrastructure Fund has a 1 year low of $11.31 and a 1 year high of $15.17. The firm has a fifty day moving average price of $14.07 and a 200-day moving average price of $13.82.

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.