Key Points
- President James Baker bought 25,000 KYN shares on Nov 24 at $11.74 each (≈$293,500), increasing his holdings to 886,040 shares — a 2.9% rise in ownership.
- The fund declared a monthly dividend of $0.08 per share (ex-dividend Nov 14, payable Nov 28), which implies roughly an 8.1% yield.
- The stock traded around $11.87 on Tuesday, with a 52-week range of $9.82–$13.69 and 50-/200-day moving averages of $11.92 and $12.19, respectively.
Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN - Get Free Report) President James Baker acquired 25,000 shares of the business's stock in a transaction dated Monday, November 24th. The stock was acquired at an average cost of $11.74 per share, for a total transaction of $293,500.00. Following the transaction, the president owned 886,040 shares of the company's stock, valued at $10,402,109.60. This represents a 2.90% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Kayne Anderson Energy Infrastructure Fund Stock Performance
Shares of NYSE KYN opened at $11.87 on Tuesday. Kayne Anderson Energy Infrastructure Fund, Inc. has a fifty-two week low of $9.82 and a fifty-two week high of $13.69. The business has a 50-day moving average of $11.92 and a 200-day moving average of $12.19.
Kayne Anderson Energy Infrastructure Fund Announces Dividend
The company also recently declared a monthly dividend, which will be paid on Friday, November 28th. Shareholders of record on Friday, November 14th will be given a dividend of $0.08 per share. This represents a c) annualized dividend and a yield of 8.1%. The ex-dividend date of this dividend is Friday, November 14th.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of KYN. D.A. Davidson & CO. lifted its holdings in Kayne Anderson Energy Infrastructure Fund by 3.5% during the 2nd quarter. D.A. Davidson & CO. now owns 25,623 shares of the financial services provider's stock valued at $326,000 after purchasing an additional 875 shares during the last quarter. Cerity Partners LLC lifted its stake in shares of Kayne Anderson Energy Infrastructure Fund by 4.1% during the 1st quarter. Cerity Partners LLC now owns 22,323 shares of the financial services provider's stock worth $286,000 after buying an additional 881 shares during the last quarter. CWM LLC boosted its holdings in shares of Kayne Anderson Energy Infrastructure Fund by 39.3% during the 1st quarter. CWM LLC now owns 3,307 shares of the financial services provider's stock worth $42,000 after buying an additional 933 shares during the period. NewEdge Wealth LLC grew its stake in Kayne Anderson Energy Infrastructure Fund by 4.0% in the 3rd quarter. NewEdge Wealth LLC now owns 26,100 shares of the financial services provider's stock valued at $300,000 after buying an additional 1,000 shares during the last quarter. Finally, Prospera Financial Services Inc raised its holdings in Kayne Anderson Energy Infrastructure Fund by 0.6% in the 3rd quarter. Prospera Financial Services Inc now owns 176,384 shares of the financial services provider's stock valued at $2,182,000 after acquiring an additional 1,109 shares during the period.
Kayne Anderson Energy Infrastructure Fund Company Profile
(
Get Free Report)
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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