Ex-Div Reminder for Kayne Anderson MLP Investment Company's 3.500% Series F Mandatory Redeemable Preferred Shares
Shutterstock photo
On 5/14/18, Kayne Anderson MLP Investment Company's 3.500% Series F Mandatory Redeemable Preferred Shares (Symbol: KYN.PRF) will trade ex-dividend, for its monthly dividend of $0.0729, payable on 6/1/18. As a percentage of KYN.PRF's recent share price of $25.17, this dividend works out to approximately 0.29%. On an annualized basis, the current yield is approximately 3.48%, which compares to an average yield of 5.46% in the "Financial" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of KYN.PRF shares, versus KYN:
Below is a dividend history chart for KYN.PRF, showing historical dividends prior to the most recent $0.0729 on Kayne Anderson MLP Investment Company's 3.500% Series F Mandatory Redeemable Preferred Shares :
In Thursday trading, Kayne Anderson MLP Investment Company's 3.500% Series F Mandatory Redeemable Preferred Shares (Symbol: KYN.PRF) is currently up about 0.1% on the day, while the common shares (Symbol: KYN) are up about 0.7%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
