Kayne Anderson MLP Midstream Invstmnt Co Plans Monthly Dividend of $0.12 (NYSE:KYN)

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, April 18th will be paid a dividend of 0.12 per share by the financial services provider on Tuesday, April 30th. This represents a $1.44 dividend on an annualized basis and a yield of 9.18%. The ex-dividend date of this dividend is Wednesday, April 17th.

Kayne Anderson MLP Midstream Invstmnt has decreased its dividend payment by an average of 9.5% per year over the last three years.

NYSE:KYN traded up $0.18 during trading hours on Friday, reaching $15.69. 367,204 shares of the company traded hands, compared to its average volume of 546,821. Kayne Anderson MLP Midstream Invstmnt has a 1 year low of $12.26 and a 1 year high of $19.85.

In other Kayne Anderson MLP Midstream Invstmnt news, VP Alan Boswell sold 2,407 shares of Kayne Anderson MLP Midstream Invstmnt stock in a transaction on Tuesday, February 26th. The stock was sold at an average price of $15.69, for a total transaction of $37,765.83. Following the completion of the transaction, the vice president now owns 3,018 shares in the company, valued at $47,352.42. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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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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Dividend History for Kayne Anderson MLP Midstream Invstmnt (NYSE:KYN)

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