Today’s Dividend Flows: Kayne Anderson MLP Investment Company (NYSE:KYN) expected to pay $0.55 on Oct 14, 2016

Today's Dividend Flows: Kayne Anderson MLP Investment Company (NYSE:KYN) expected to pay $0.55 on Oct 14, 2016

Kayne Anderson MLP Investment Company (NYSE:KYN) is expected to pay $0.55 on Oct 14, 2016. The indicated annual dividend is $2.20. Shareholders owning the stock before Oct 5, 2016 will be eligible to receive the payout. Based on Kayne Anderson MLP Investment Company’s current price of $20.29, the dividend is 2.71%. This dividend’s record date is Oct 7, 2016 and the announcement date is Sep 30, 2016. The stock decreased 1.65% or $0.34 during the last trading session, hitting $20.29. Kayne Anderson MLP Investment Co. (NYSE:KYN) has risen 35.90% since March 1, 2016 and is uptrending. It has outperformed by 26.66% the S&P500.

Kayne Anderson MLP Investment Company is a non-diversified closed-end management investment company. The company has a market cap of $2.34 billion. The Company’s investment objective is to obtain a high after-tax total return by investing approximately 90% of its net assets plus any borrowings in energy-related master limited partnerships and their affiliates , and in other companies that, as their principal business, operate assets used in the gathering, transporting, processing, storing, refining, distributing, mining or marketing of natural gas, natural gas liquids (including propane), crude oil, refined petroleum products or coal (collectively with MLPs, Midstream Energy Companies). It currently has negative earnings. The Company’s investments are principally in equity securities issued by MLPs.

Insitutional Activity: The institutional sentiment decreased to 0.7 in Q2 2016. Its down 0.12, from 0.82 in 2016Q1. The ratio dived, as 14 funds sold all Kayne Anderson MLP Investment Co. shares owned while 52 reduced positions. 15 funds bought stakes while 31 increased positions. They now own 23.30 million shares or 8.23% less from 25.39 million shares in 2016Q1.
Bb&T Secs Lc accumulated 163,933 shares or 0.05% of the stock. Fifth Third Commercial Bank, a Ohio-based fund reported 2,338 shares. Sit Inv Associates Inc, a Minnesota-based fund reported 371,485 shares. Tctc Holdg reported 296,050 shares or 0.41% of all its holdings. Ftb Advisors Incorporated accumulated 0% or 208 shares. Winslow Evans And Crocker accumulated 3,614 shares or 0% of the stock. Green Square Limited Liability Corporation last reported 18,222 shares in the company. Signature Mngmt holds 483,991 shares or 4.62% of its portfolio. Susquehanna Intll Grp Ltd Liability Partnership holds 13,875 shares or 0% of its portfolio. Sei Investments holds 0% of its portfolio in Kayne Anderson MLP Investment Co. (NYSE:KYN) for 2,649 shares. Commerce National Bank & Trust last reported 50,350 shares in the company. Advsrs Asset Management holds 0.11% of its portfolio in Kayne Anderson MLP Investment Co. (NYSE:KYN) for 336,519 shares. Capwealth Advsrs Ltd Liability Corporation, a Tennessee-based fund reported 350 shares. Signature Est Inv Ltd Liability holds 2.99% or 919,621 shares in its portfolio. Shoker Investment Counsel holds 2.38% or 131,689 shares in its portfolio.

More notable recent Kayne Anderson MLP Investment Co. (NYSE:KYN) news were published by: Businesswire.com which released: “Kayne Anderson MLP Investment Company Provides Unaudited Balance Sheet …” on October 04, 2016, also Businesswire.com with their article: “Kayne Anderson MLP Investment Company Prices a Private Placement of $50 …” published on August 12, 2016, Reuters.com published: “BRIEF-Kayne Anderson MLP Investment Co announces $50 mln redemption of its…” on August 26, 2016. More interesting news about Kayne Anderson MLP Investment Co. (NYSE:KYN) were released by: Forbes.com and their article: “Kayne Anderson MLP Investment is Oversold” published on January 13, 2015 as well as Businesswire.com‘s news article titled: “Kayne Anderson MLP Investment Company Executes Definitive Agreement for …” with publication date: September 07, 2016.

KYN Company Profile

Kayne Anderson MLP Investment Company, incorporated on June 4, 2004, is a non-diversified, closed-end investment company. The Company’s investment objective is to obtain a high after-tax total return by investing at least 85% of its total assets plus any borrowings in energy-related master limited partnerships (MLPs) and their affiliates, and in other companies that, as their principal business, operate assets used in the gathering, transporting, processing, storing, refining, distributing, mining or marketing of natural gas, natural gas liquids, crude oil, refined petroleum products or coal (collectively with MLPs referred to as Midstream Energy Companies). The Company’s portfolio investments principally consist of equity securities issued by MLPs.

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