
Photo of a business meeting. (Source: Shutterstock)
Kayne Anderson Energy Infrastructure Fund Inc. will be dispensing a quarterly distribution of $0.20 per share to common stockholders for the fiscal quarter ended Nov. 30, the company announced in a press release Dec. 14.
Payable Jan. 11, the return of capital estimate is 20% based on projected earnings and profits, the fund said.
To be eligible for the distribution, stockholders need to be on record before the ex-date of Jan. 3. The record date is Jan. 4.
Kayne Anderson Energy is a non-diversified, closed-end management investment company. Its investment objective aims to grant high after-tax total returns and cash distributions to stockholders by investing 80% of its total assets in securities of energy infrastructure companies.
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