Kayne Anderson MLP Midstream Invstmnt Co (NYSE:KYN) announced a dividend on Thursday, June 27th, NASDAQ reports. Shareholders of record on Thursday, September 19th will be given a dividend of 0.12 per share by the financial services provider on Monday, September 30th. The ex-dividend date of this dividend is Wednesday, September 18th.

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 opened at $14.85 on Monday. The firm has a 50-day moving average price of $14.44 and a two-hundred day moving average price of $15.36. Kayne Anderson MLP Midstream Invstmnt has a 52 week low of $12.26 and a 52 week high of $18.55.

In related news, Director Albert L. Richey purchased 5,000 shares of the firm’s stock in a transaction dated Friday, August 23rd. The stock was bought at an average price of $13.90 per share, for a total transaction of $69,500.00. Following the purchase, the director now directly owns 17,068 shares in the company, valued at approximately $237,245.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, President James C. Baker purchased 20,000 shares of the firm’s stock in a transaction dated Friday, June 28th. The shares were bought at an average price of $15.26 per share, with a total value of $305,200.00. Following the purchase, the president now owns 298,564 shares in the company, valued at $4,556,086.64. The disclosure for this purchase can be found here. In the last 90 days, insiders have bought 30,304 shares of company stock valued at $455,215.

About Kayne Anderson MLP Midstream Invstmnt

Kayne Anderson MLP/Midstream Investment Co operates as a closed end management investment trust, which invests principally in equity securities of energy-related master limited partnerships. Its investment objective is to obtain high after-tax total returns for its shareholders. The company was founded on June 4, 2004 and is headquartered in Houston, TX.

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

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