Kayne Anderson MLP Investment Co. (KYN) Declares $0.55 Quarterly Dividend; 15.1% Yield
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Kayne Anderson MLP Investment Company Announces Distribution of $0.55 Per Share for Q1 2016
March 11, 2016 8:40 AM ESTHOUSTON--(BUSINESS WIRE)-- Kayne Anderson MLP Investment Company (the Company) (NYSE: KYN) announced today its quarterly distribution of $0.55 per share for the quarter ended February 29, 2016.
The distribution will be payable on April 15, 2016 to common stockholders of record on April 6, 2016, with an ex-dividend date of April 4, 2016. The Company estimates that 100% of this distribution will be treated as a return of capital for tax purposes. This estimate is based on the Companys anticipated earnings and profits for fiscal 2016 and its accumulated earnings and profits as of February 29, 2016 (including gains and losses on sales of... More
