Kayne Anderson MLP Midstream Invstmnt Co (KYN) to Issue Monthly Dividend of $0.15 on November 30th

Kayne Anderson MLP Midstream Invstmnt Co (NYSE:KYN) declared a monthly dividend on Monday, October 1st, Wall Street Journal reports. Stockholders of record on Thursday, November 15th will be paid a dividend of 0.15 per share by the financial services provider on Friday, November 30th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 10.57%. The ex-dividend date is Wednesday, November 14th.

Kayne Anderson MLP Midstream Invstmnt has decreased its dividend by an average of 9.0% per year over the last three years.

KYN stock opened at $17.03 on Friday. Kayne Anderson MLP Midstream Invstmnt has a fifty-two week low of $14.38 and a fifty-two week high of $20.38.

Separately, Bank of America cut Kayne Anderson MLP Midstream Invstmnt from a “buy” rating to a “neutral” rating in a research note on Thursday, August 9th.

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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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