Kayne Anderson MLP Midstream Invstmnt Co (NYSE:KYN) 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 0.12 per share by the financial services provider on Friday, June 28th. This represents a $1.44 annualized dividend and a yield of 9.10%. The ex-dividend date of this dividend is Wednesday, June 19th.
Kayne Anderson MLP Midstream Invstmnt has decreased its dividend by an average of 9.5% annually over the last three years.
KYN traded down $0.05 during midday trading on Friday, hitting $15.83. 486,557 shares of the company were exchanged, compared to its average volume of 567,594. Kayne Anderson MLP Midstream Invstmnt has a 1-year low of $12.26 and a 1-year high of $19.85.
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About Kayne Anderson MLP Midstream Invstmnt
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.
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