Kayne Anderson Energy TRF (KYE) Declares $0.25 Quarterly Dividend; 13.3% Yield
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Kayne Anderson Energy Total Return Fund Announces Distribution of $0.25 per Share for Q1 2016
March 11, 2016 8:40 AM ESTHOUSTON--(BUSINESS WIRE)-- Kayne Anderson Energy Total Return Fund, Inc. (the Fund) (NYSE: KYE) announced today its quarterly distribution of $0.25 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 board has elected to reduce the quarterly distribution from $0.33 per share to $0.25 per share, in light of continued weak conditions in the energy markets, said Kevin McCarthy, CEO of the Fund. In the past quarter, our net distributable income (NDI) declined due the effects of further... More
