Kayne Anderson Energy (NYSE:KYN) Stock, Quote.Headers.trade-ideas

Kayne Anderson Energy

Kayne Anderson Energy Infrastructure Fund, Inc is a non-diversified, closed-end fund. Its investment objective is to provide a high after-tax total return with an emphasis on making cash distributions to the stockholder. The company seeks to achieve its objectives by investing a majority of its total assets in the securities of Energy Infrastructure companies.

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Kayne Anderson Energy Infrastructure Fund, Inc.

Kayne Anderson Energy Infrastructure Fund, Inc

KYN CAPITAL GROUP INC by KYN Capital Group, Inc.

KYN Capital Group Inc

Kyndryl Holdings Inc

Net proceeds will be used to refinance existing leverage and for general corporate purposes. The table below sets forth the key terms of the Notes and MRP Shares to be issued.
<table>
<tbody>
<tr>
<td>Notes / MRP
			Shares</td>
<td>Series</td>
<td colspan="2">Amount
			($ in millions)</td>
<td colspan="1">Fixed Interest /
			Dividend Rate</td>
<td>Maturity / Mandatory
			Redemption Date</td>
</tr>
<tr>
<td>Notes</td>
<td>Series YY</td>
<td colspan="2">$30</td>
<td>5.19%</td>
<td>September 2031</td>
</tr>
<tr>
<td>Notes</td>
<td>Series ZZ</td>
<td colspan="2">$40</td>
<td>5.45%</td>
<td>September 2036</td>
</tr>
<tr>
<td>MRP Shares</td>
<td>Series X</td>
<td colspan="2">$30</td>
<td>5.49%</td>
<td>September 2029</td>
</tr>
<tr>
<td>TOTAL 
			&nbsp;</td>
<td colspan="2">$100</td>
</tr>
</tbody>
</table>

Reported Earlier, Kayne Anderson Energy Infrastructure Fund Announces $70M Notes And $30M Preferred Shares Private Placement To Refinance Debt

Reported Earlier, Kayne Anderson Energy Infrastructure Fund Held $22.9M Cash Balance As Of June 30, 2024

As of March 31, 2024, the Company&#39;s net assets were&nbsp;$1.9 billion, and its net asset value per share was&nbsp;$11.52. As of March 31, 2024, the Company&#39;s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was&nbsp;661%&nbsp;and the Company&#39;s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was&nbsp;469%.

Earnings

Reported Late Monday, Kayne Anderson Energy Infrastructure Fund Disclosed That As Of March 31, 2024, Its Net Assets Amounted To $1.9B And Its Net Asset Value Was $11.52/Share

As of February 29, 2024, the Company&#39;s net assets were&nbsp;$1.8 billion, and its net asset value per share was&nbsp;$10.69. As of February 29, 2024, the Company&#39;s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was&nbsp;642%&nbsp;and the Company&#39;s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was&nbsp;451%.

Reported Late Monday, Kayne Anderson Energy Infrastructure Fund Disclosed That As Of February 29, 2024, Its Net Assets Amounted To $1.8b And Its Net Asset Value Was $10.69/Share

Kayne Anderson Energy Infrastructure Fund, Inc. (the &quot;Company&quot;) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KYN#NYSE">KYN</a>) announced today that it has entered into a&nbsp;$135 million&nbsp;unsecured revolving credit facility (the &quot;Credit Facility&quot;). The Credit Facility matures on February 20, 2025. The Credit Facility replaces the Company&#39;s&nbsp;$175 million&nbsp;unsecured revolving credit facility that was scheduled to mature on February 23, 2024.

Reported Earlier, Kayne Anderson Energy Infrastructure Fund Enters Into $135M Revolving Credit Facility

As of December 31, 2023, the Company&#39;s net assets were&nbsp;$1.8 billion, and its net asset value per share was&nbsp;$10.44. As of December 31, 2023, the Company&#39;s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was&nbsp;652%&nbsp;and the Company&#39;s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was&nbsp;452%.
&nbsp;
&nbsp;

Reported Late Tuesday, The Kayne Anderson Energy Infrastructure Fund Disclosed That As Of December 31, 2023, Its Net Assets Amounted To $1.8B, And Its Net Asset Value Was $10.44 Per Share

Monday marks the last chance for investors to receive the next dividend payout from Kayne Anderson Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KYN#NYSE">KYN</a>). 
<h3>What's Happening</h3>
The company announced on Tuesday that it would pay shareholders a quarterly dividend of 22 cents per share. On Tuesday, Kayne Anderson Energy will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 22 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Tuesday. Shareholders who own KYN as of the end of Monday's session are eligible to receive the 22 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on January 10, 2024. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
<a href="https://www.benzinga.com/quote/KYN">See current stock movements Kayne Anderson Energy on Benzinga.</a>

Dividends

Kayne Anderson Energy's Ex-Dividend Date Is Tuesday, Here's What You Need To Know

As of November 30, 2023, the Company&#39;s net assets were&nbsp;$1.8 billion, and its net asset value per share was&nbsp;$10.51. As of November 30, 2023, the Company&#39;s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was&nbsp;659%&nbsp;and the Company&#39;s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was&nbsp;456%.

Reported Late Monday, Kayne Anderson Energy Infrastructure Fund As Of November 30, 2023 Its Net Assets Were $1.8B, And Its Net Asset Value Was 10.51 Per Share

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KYN#NYSE">KYN</a>) and Kayne Anderson NextGen Energy &amp; Infrastructure, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMF#NYSE">KMF</a>), today announced the preliminary results of the elections made by KMF stockholders as to the form of merger consideration that they desire to receive in the merger between KYN and KMF (the "Merger"). &nbsp;
As previously announced, KMF stockholders had the option to elect to receive either (i) newly issued common stock of KYN ("Stock Consideration") or (ii) cash ("Cash Consideration") with such right to elect to receive Cash Consideration subject to the adjustment and proration procedures set forth in the merger agreement to ensure that the total number of shares of KMF common stock converted into the right to receive Cash Consideration does not exceed 7,079,620 shares (representing 15% of the outstanding shares of KMF common stock prior to the closing of the Merger). KMF stockholders whose election materials were not received in proper form by the exchange agent by 5:00 PM (Eastern Time), on November 6, 2023 (the "Election Deadline") were deemed to have made an election to receive Stock Consideration.
Based on the information as of the Election Deadline, the preliminary merger consideration election results were as follows:
<ul>
<li>Holders of approximately 25,801,276 shares of KMF common stock, or approximately 54.7% of the outstanding shares of KMF common stock, either elected to receive Stock Consideration or were deemed to have made an election to receive Stock Consideration as a result of not making a valid election; and</li>
<li>Holders of approximately 21,396,186 shares of KMF common stock, or approximately 45.3% of the outstanding shares of KMF common stock, elected to receive Cash Consideration.</li>
</ul>
The foregoing results are preliminary only, and final results are not expected to be available until following the closing of the merger. Based on the preliminary results described above, it is expected that KMF stockholders who elected to receive Cash Consideration will be subject to proration. After the final merger consideration election results are determined, the final allocation and proration of merger consideration will be calculated in accordance with the terms of the merger agreement.
KMF stockholders are reminded that until the merger is consummated, you may be unable to trade your shares of KMF common stock for which a properly completed election form has been submitted. You will also not be able to change nor revoke any such election.
Subject to the satisfaction of customary closing conditions, the Merger is expected to close on November 13, 2023.
This information is provided for general informational purposes only. It does not constitute, and should not be construed as, tax, legal, investment, or other professional advice and cannot be used or relied upon for the purpose of avoiding tax penalties. Investors should consult their tax adviser or legal counsel for advice and information concerning their particular situation.

Kayne Anderson Energy Infrastructure Fund And Kayne Anderson NextGen Energy & Infrastructure Announce Preliminary Results Of Election Of Merger Consideration

As of September 30, 2023, the Company&#39;s net assets were&nbsp;$1.4 billion, and its net asset value per share was&nbsp;$9.95. As of September 30, 2023, the Company&#39;s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was&nbsp;598%&nbsp;and the Company&#39;s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was&nbsp;434%.
<table>
<tbody>
<tr>
<td colspan="5">Kayne Anderson Energy Infrastructure Fund, Inc.</td>
</tr>
<tr>
<td colspan="5">Statement of Assets and Liabilities</td>
</tr>
<tr>
<td colspan="5">September 30, 2023</td>
</tr>
<tr>
<td colspan="5">(Unaudited)</td>
</tr>
<tr>
<td colspan="4">(in millions)</td>
</tr>
<tr>
<td>Investments</td>
<td>$</td>
<td>1,891.1</td>
</tr>
<tr>
<td>Cash and cash equivalents</td>
<td>10.3</td>
</tr>
<tr>
<td>Receivable for securities sold</td>
<td>4.7</td>
</tr>
<tr>
<td>Accrued income</td>
<td>1.2</td>
</tr>
<tr>
<td>Current tax asset, net</td>
<td>1.8</td>
</tr>
<tr>
<td>Other assets</td>
<td>1.4</td>
</tr>
<tr>
<td>Total assets</td>
<td>1,910.5</td>
</tr>
<tr>
		</tr>
<tr>
<td>Term loan</td>
<td>50.0</td>
</tr>
<tr>
<td>Notes</td>
<td>244.2</td>
</tr>
<tr>
<td>Unamortized notes issuance costs</td>
<td>(1.1</td>
<td>)</td>
</tr>
<tr>
<td>Preferred stock</td>
<td>111.6</td>
</tr>
<tr>
<td>Unamortized preferred stock issuance costs</td>
<td>(1.2</td>
<td>)</td>
</tr>
<tr>
<td>Total leverage</td>
<td>403.5</td>
</tr>
<tr>
		</tr>
<tr>
<td>Distribution payable</td>
<td>28.6</td>
</tr>
<tr>
<td>Other liabilities</td>
<td>5.6</td>
</tr>
<tr>
<td>Deferred tax liability, net</td>
<td>118.1</td>
</tr>
<tr>
<td>Total liabilities</td>
<td>152.3</td>
</tr>
<tr>
		</tr>
<tr>
<td>Net assets</td>
<td>$</td>
<td>1,354.7</td>
</tr>
<tr>
		</tr>
</tbody>
</table>
The Company had 136,131,530 common shares outstanding as of September 30, 2023.

Reported Late Monday, Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information And Announces Its Net Asset Value And Asset Coverage Ratios At September 30, 2023; Net Assets Were $1.4B And Its Net Asset Value Was $9.95/Share

Thursday marks the last chance for investors to receive the next dividend payout from Kayne Anderson Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KYN#NYSE">KYN</a>). 
<h3>What's Happening</h3>
The company announced on Wednesday that it would pay shareholders a quarterly dividend of 21 cents per share. On Friday, Kayne Anderson Energy will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 21 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own KYN as of the end of Thursday's session are eligible to receive the 21 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on October 23, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
<a href="https://www.benzinga.com/quote/KYN">See current stock movements Kayne Anderson Energy on Benzinga.</a>

Kayne Anderson Energy's Ex-Dividend Date Is Friday, Here's What You Need To Know

<table>
<tbody>
<tr>
<td colspan="5">Kayne Anderson Energy Infrastructure Fund, Inc.</td>
</tr>
<tr>
<td colspan="5">Statement of Assets and Liabilities</td>
</tr>
<tr>
<td colspan="5">July 31, 2023</td>
</tr>
<tr>
<td colspan="5">(Unaudited)</td>
</tr>
<tr>
<td colspan="3">(in millions)</td>
</tr>
<tr>
<td>Investments</td>
<td>$</td>
<td>1,941.3</td>
</tr>
<tr>
<td>Cash and cash equivalents</td>
<td>1.4</td>
</tr>
<tr>
<td>Receivable for securities sold</td>
<td>12.7</td>
</tr>
<tr>
<td>Accrued income</td>
<td>11.3</td>
</tr>
<tr>
<td>Current tax asset, net</td>
<td>1.3</td>
</tr>
<tr>
<td>Other assets</td>
<td>1.9</td>
</tr>
<tr>
<td>Total assets</td>
<td>1,969.9</td>
</tr>
<tr>
		</tr>
<tr>
<td>Credit facility</td>
<td>30.0</td>
</tr>
<tr>
<td>Term loan</td>
<td>50.0</td>
</tr>
<tr>
<td>Unamortized term loan issuance costs</td>
<td>(0.1</td>
<td>)</td>
</tr>
<tr>
<td>Notes</td>
<td>244.2</td>
</tr>
<tr>
<td>Unamortized notes issuance costs</td>
<td>(1.1</td>
<td>)</td>
</tr>
<tr>
<td>Preferred stock</td>
<td>111.6</td>
</tr>
<tr>
<td>Unamortized preferred stock issuance costs</td>
<td>(1.2</td>
<td>)</td>
</tr>
<tr>
<td>Total leverage</td>
<td>433.4</td>
</tr>
<tr>
		</tr>
<tr>
<td>Payable for securities purchased</td>
<td>10.2</td>
</tr>
<tr>
<td>Other liabilities</td>
<td>7.9</td>
</tr>
<tr>
<td>Deferred tax liability, net</td>
<td>123.7</td>
</tr>
<tr>
<td>Total liabilities</td>
<td>141.8</td>
</tr>
<tr>
		</tr>
<tr>
<td>Net assets</td>
<td>$</td>
<td>1,394.7</td>
</tr>
<tr>
		</tr>
</tbody>
</table>
The Company had 136,131,530 common shares outstanding as of July 31, 2023.

Kayne Anderson Energy Infrastructure Fund Announces Its Net Asset Value And Asset Coverage Ratios At July 31, 2023; Net Assets Were $1.4B And Its Net Asset Value Was $10.25/Share

Wednesday marks the last chance for investors to receive the next dividend payout from Kayne Anderson Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KYN#NYSE">KYN</a>). 
<h3>What's Happening</h3>
The company announced on Monday that it would pay shareholders a quarterly dividend of 21 cents per share. On Thursday, Kayne Anderson Energy will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 21 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own KYN as of the end of Wednesday's session are eligible to receive the 21 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on April 17, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
<a href="https://www.benzinga.com/stock//dividends">Click here</a> to find details on Kayne Anderson Energy's previous dividends.
To keep track of which companies are distributing dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.

Kayne Anderson Energy: Dividend Insights

&nbsp;Kayne Anderson Energy Infrastructure Fund, Inc. (the &quot;Company&quot;) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KYN#NYSE">KYN</a>) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the &quot;1940 Act&quot;) as of January 31, 2023. 
&nbsp;
As of January 31, 2023, the Company&#39;s net assets were&nbsp;$1.4 billion, and its net asset value per share was&nbsp;$10.32. As of January 31, 2023, the Company&#39;s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was&nbsp;546%&nbsp;and the Company&#39;s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was&nbsp;411%.
<table>
<tbody>
<tr>
		</tr>
<tr>
<td colspan="5">Kayne Anderson Energy Infrastructure Fund, Inc.</td>
</tr>
<tr>
<td colspan="5">Statement of Assets and Liabilities</td>
</tr>
<tr>
<td colspan="5">January 31, 2023</td>
</tr>
<tr>
<td colspan="5">(Unaudited)</td>
</tr>
<tr>
<td colspan="3">(in millions)</td>
</tr>
<tr>
<td>Investments</td>
<td>$</td>
<td>1,959.2</td>
</tr>
<tr>
<td>Cash and cash equivalents</td>
<td>2.4</td>
</tr>
<tr>
<td>Accrued income</td>
<td>10.3</td>
</tr>
<tr>
<td>Current tax asset, net</td>
<td>7.8</td>
</tr>
<tr>
<td>Other assets</td>
<td>0.6</td>
</tr>
<tr>
<td>Total assets</td>
<td>1,980.3</td>
</tr>
<tr>
		</tr>
<tr>
<td>Credit facility</td>
<td>29.0</td>
</tr>
<tr>
<td>Term loan</td>
<td>50.0</td>
</tr>
<tr>
<td>Unamortized term loan issuance costs</td>
<td>(0.1</td>
<td>)</td>
</tr>
<tr>
<td>Notes</td>
<td>260.8</td>
</tr>
<tr>
<td>Unamortized notes issuance costs</td>
<td>(1.3</td>
<td>)</td>
</tr>
<tr>
<td>Preferred stock</td>
<td>111.6</td>
</tr>
<tr>
<td>Unamortized preferred stock issuance costs</td>
<td>(1.3</td>
<td>)</td>
</tr>
<tr>
<td>Total leverage</td>
<td>448.7</td>
</tr>
<tr>
		</tr>
<tr>
<td>Payable for securities purchased</td>
<td>-</td>
</tr>
<tr>
<td>Other liabilities</td>
<td>7.9</td>
</tr>
<tr>
<td>Deferred tax liability, net</td>
<td>118.9</td>
</tr>
<tr>
<td>Total liabilities</td>
<td>126.8</td>
</tr>
<tr>
		</tr>
<tr>
<td>Net assets</td>
<td>$</td>
<td>1,404.8</td>
</tr>
<tr>
		</tr>
</tbody>
</table>
The Company had 136,131,530 common shares outstanding as of January 31, 2023.
Long-term investments were comprised of Midstream Energy Company (83%), Utility Company (9%), Renewable Infrastructure Company (7%) and Other Energy (1%).
The Company&#39;s ten largest holdings by issuer at January 31, 2023 were:
<table>
<tbody>
<tr>
<td colspan="2">Amount
			(in millions)&#x2A;</td>
<td colspan="2">Percent of
			Long-Term
			Investments</td>
</tr>
<tr>
<td>1.</td>
<td>Energy Transfer LP (Midstream Energy Company)</td>
<td colspan="2">$225.5</td>
<td>11.5</td>
<td>%</td>
</tr>
<tr>
<td>2.</td>
<td>MPLX LP (Midstream Energy Company)</td>
<td>208.5</td>
<td>10.6</td>
<td>%</td>
</tr>
<tr>
<td>3.</td>
<td>Enterprise Products Partners L.P. (Midstream Energy Company)</td>
<td>204.1</td>
<td>10.4</td>
<td>%</td>
</tr>
<tr>
<td>4.</td>
<td>Plains All American Pipeline, L.P. &#x2A;&#x2A; (Midstream Energy Company)</td>
<td>142.7</td>
<td>7.3</td>
<td>%</td>
</tr>
<tr>
<td>5.</td>
<td>Targa Resources Corp. (Midstream Energy Company)</td>
<td>140.5</td>
<td>7.2</td>
<td>%</td>
</tr>
<tr>
<td>6.</td>
<td>The Williams Companies, Inc. (Midstream Energy Company)</td>
<td>139.3</td>
<td>7.1</td>
<td>%</td>
</tr>
<tr>
<td>7.</td>
<td>Cheniere Energy, Inc. (Midstream Energy Company)</td>
<td>115.6</td>
<td>5.9</td>
<td>%</td>
</tr>
<tr>
<td>8.</td>
<td>Western Midstream Partners, LP (Midstream Energy Company)</td>
<td>96.5</td>
<td>4.9</td>
<td>%</td>
</tr>
<tr>
<td>9.</td>
<td>Sempra Energy (Utility Company)</td>
<td>63.8</td>
<td>3.3</td>
<td>%</td>
</tr>
<tr>
<td>10.</td>
<td>ONEOK, Inc. (Midstream Energy Company)</td>
<td>55.2</td>
<td>2.8</td>
<td>%</td>
</tr>
</tbody>
</table>
_________________

Reported Late Wednesday, Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information And Announces Its Net Asset Value And Asset Coverage Ratios At January 31, 2023; Net Assets Were $1.4B And Its Net Asset Value Was $10.32/Share

Thursday marks the last chance for investors to receive the next dividend payout from Kayne Anderson Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KYN#NYSE">KYN</a>). 
<h3>What's Happening</h3>
The company announced on Thursday that it would pay shareholders a quarterly dividend of 20 cents per share. On Friday, Kayne Anderson Energy will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 20 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own KYN as of the end of Thursday's session are eligible to receive the 20 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on October 07, 2022. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
To stay up-to-date with the companies that are announcing their dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.

On June 24, 2021, Kayne Anderson Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KYN#NYSE">KYN</a>) declared a dividend payable on July 13, 2021 to its shareholders. Kayne Anderson Energy also announced that shareholders on the company's books on or before July 6, 2021 are entitled to the dividend. The stock will then go ex-dividend 2 business day(s) before the record date. Kayne Anderson Energy, which has a current dividend per share of $0.17, has an ex-dividend date scheduled for July 2, 2021. That equates to a dividend yield of 8.0% at current price levels. 
<h2>What Are Ex-Dividend Dates?</h2>
Ex-dividend dates are when company shares stop trading with their current dividend payouts in preparation for those companies to announce new ones. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Most ex-dividend dates operate on a quarterly basis. 
<h2>Understanding Kayne Anderson Energy's Dividend Payouts And Yields</h2>
Over the past year, Kayne Anderson Energy has seen its dividend payouts climb upward and its yields trend downward. Last year on June 17, 2020 the company's payout sat at $0.15, which has since increased by $0.02. Kayne Anderson Energy's dividend yield last year was 8.92%, which has since decreased by 0.92%. 
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market. 
<a href="https://www.benzinga.com/stock/kyn/dividends">Click here</a> to find details on Kayne Anderson Energy's previous dividends.

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