Kayne Anderson Energy (KED) Raises Quarterly Dividend 22.6% to $0.38; 8.4% Yield

Kayne Anderson Energy Development Company (NYSE: KED) declared a quarterly dividend of $0.38 per share, or $1.52 annualized. This is a 22.6% increase from the prior dividend of $0.31.

The dividend will be payable on July 22, 2011, to stockholders of record on July 13, 2011, with an ex-dividend date of July 11, 2011.

The annual yield on the dividend is 8.4 percent.

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