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.
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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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