Kayne Anderson Midstream Energy Fd, Inc. (NYSE:KMF) declared a monthly dividend on Friday, March 29th, Wall Street Journal reports. Shareholders of record on Thursday, June 20th will be paid a dividend of 0.075 per share by the closed-end fund on Friday, June 28th. This represents a $0.90 annualized dividend and a yield of 7.61%. The ex-dividend date of this dividend is Wednesday, June 19th.
Kayne Anderson Midstream Energy Fd has decreased its dividend by an average of 13.6% annually over the last three years.
KMF traded down $0.02 during midday trading on Friday, hitting $11.83. 177,388 shares of the company were exchanged, compared to its average volume of 218,331. Kayne Anderson Midstream Energy Fd has a 1-year low of $8.57 and a 1-year high of $13.90.
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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