Kayne Anderson MLP Investment Company is a non-diversified, closed-end management investment company. The Company's investment objective is to obtain a high after-tax total return by investing at least 85% of its total assets in energy-related master limited partnerships and their affiliates (MLPs) and in other companies that operate assets used in the gathering, transporting, processing, storing, refining, distributing, mining or marketing of natural gas, natural gas liquids, crude oil, refined petroleum products or coal. Its investments are principally in equity securities issued by MLPs, but it also may invest in debt securities of MLPs and equity/debt securities of other midstream energy companies. The Fund's investment advisor is KA Fund Advisors, LLC.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Closed-End Fund - Equity
- Sub-Industry: N/A
- Symbol: NYSE:KYN
- CUSIP: N/A
- Web: N/A
- 50 Day Moving Avg: $19.75
- 200 Day Moving Avg: $20.08
- 52 Week Range: $17.97 - $22.15
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 6.61
- P/E Growth: 0.00
- Average Volume: 383,159 shs.
Frequently Asked Questions for Kayne Anderson MLP Investment (NYSE:KYN)
What is Kayne Anderson MLP Investment's stock symbol?
Kayne Anderson MLP Investment trades on the New York Stock Exchange (NYSE) under the ticker symbol "KYN."
How often does Kayne Anderson MLP Investment pay dividends? What is the dividend yield for Kayne Anderson MLP Investment?
Kayne Anderson MLP Investment declared a quarterly dividend on Monday, April 3rd. Stockholders of record on Thursday, April 13th will be paid a dividend of $0.45 per share on Friday, April 21st. This represents a $1.80 dividend on an annualized basis and a dividend yield of 9.46%. The ex-dividend date is Tuesday, April 11th. View Kayne Anderson MLP Investment's Dividend History.
Who are some of Kayne Anderson MLP Investment's key competitors?
Some companies that are related to Kayne Anderson MLP Investment include HDFC Bank Limited (HDB), Berkshire Hathaway (BRK.B), Berkshire Hathaway (BRK-A), Berkshire Hathaway (BRK.A), JPMorgan Chase & Co. (JPM), Wells Fargo & Co (WFC), Bank of America Corp (BAC), Citigroup (C), HSBC Holdings plc (HSBC), Royal Bank of Canada (RY), Banco Santander, S.A. (SAN), China Life Insurance Co Ltd (LFC), Goldman Sachs Group (GS), BNP Paribas SA (BNPQY), Toronto-Dominion Bank (TD), Allianz SE (AZSEY), U.S. Bancorp (USB) and Mitsubishi UFJ Financial Group (MTU).
Who are Kayne Anderson MLP Investment's key executives?
Kayne Anderson MLP Investment's management team includes the folowing people:
- Kevin S. McCarthy, Chairman of the Board, President & Chief Executive Officer
- Terry A. Hart, Chief Financial Officer, Treasurer
- John C. Frey, Executive Vice President, Assistant Treasurer, Assistant Secretary
- James C. Baker, Executive Vice President
- Ron M. Logan Jr., Senior Vice President
- Michael J. O'Neil, Chief Compliance Officer
- Jody C. Meraz, Vice President
- David J. Shladovsky, Secretary
- Anne K. Costin, Independent Director
- Steven Cary Good, Independent Director
How do I buy Kayne Anderson MLP Investment stock?
Shares of Kayne Anderson MLP Investment can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Kayne Anderson MLP Investment's stock price today?
MarketBeat Community Rating for Kayne Anderson MLP Investment (NYSE KYN)MarketBeat's community ratings are surveys of what our community members think about Kayne Anderson MLP Investment and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Kayne Anderson MLP Investment stock can currently be purchased for approximately $19.03.
Consensus Ratings for Kayne Anderson MLP Investment (NYSE:KYN) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|
Analysts' Ratings History for Kayne Anderson MLP Investment (NYSE:KYN)
(Data available from 5/29/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|2/16/2016||Ladenburg Thalmann Financial Services||Downgrade||Buy -> Neutral||N/A|
|12/7/2015||Bank of America Corp||Downgrade||Buy -> Neutral||N/A|
Earnings History for Kayne Anderson MLP Investment (NYSE:KYN)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Kayne Anderson MLP Investment (NYSE:KYN)
Current Year EPS Consensus Estimate: $2.67 EPS
Next Year EPS Consensus Estimate: $2.88 EPS
Current Dividend Information for Kayne Anderson MLP Investment (NYSE:KYN)
|Most Recent Dividend:||4/21/2017|
|Dividend Growth:||-1.30% (3 Year Average)|
|Payout Ratio:||67.42% (Based on This Year's Estimates)|
62.50% (Based on Next Year's Estimates)
Dividend History by Quarter for Kayne Anderson MLP Investment (NYSE:KYN)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Kayne Anderson MLP Investment (NYSE:KYN)Insider Trades by Quarter for Kayne Anderson MLP Investment (NYSE:KYN)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|10/26/2016||Richard A Kayne||Insider||Buy||25,500||$19.45||$495,975.00|| |
|1/20/2016||Richard A Kayne||Insider||Buy||25,450||$10.58||$269,261.00|| |
|1/6/2016||David J Shladovsky||Insider||Buy||10,000||$16.10||$161,000.00|| |
|12/4/2015||Richard A Kayne||Insider||Buy||18,500||$16.50||$305,250.00|| |
|12/3/2015||Richard A. Kayne||insider||Buy||15,250||$17.16||$261,690.00|| |
|11/25/2015||David J Shladovsky||Insider||Buy||10,000||$18.09||$180,900.00|| |
|11/17/2015||Richard A Kayne||Insider||Buy||23,335||$19.75||$460,866.25|| |
|11/13/2015||Richard A Kayne||Insider||Buy||26,665||$19.95||$531,966.75|| |
|10/2/2015||William H Shea Jr||Director||Buy||3,500||$22.04||$77,140.00|| |
|9/30/2015||Jody Meraz||VP||Buy||2,500||$22.77||$56,925.00|| |
|10/14/2014||Jody Meraz||VP||Buy||1,000||$34.97||$34,970.00|| |
|7/30/2014||Mutual Life Insu Massachusetts||Major Shareholder||Buy||13,500,000||$1.00||$13,500,000.00|| |
|4/30/2014||Mutual Life Insu Massachusetts||Major Shareholder||Buy||17,000,000||$1.00||$17,000,000.00|| |
|2/20/2014||James C Baker||EVP||Buy||20,955||$37.03||$775,963.65|| |
|8/8/2013||Kevin S Mccarthy||CEO||Buy||15,000||$35.74||$536,100.00|| |
|3/7/2013||Jody Meraz||VP||Buy||1,000||$33.36||$33,360.00|| |
|3/7/2013||John C Frey||EVP||Buy||15,160||$33.36||$505,737.60|| |
Headline Trends for Kayne Anderson MLP Investment (NYSE:KYN)
Latest Headlines for Kayne Anderson MLP Investment (NYSE:KYN)
Kayne Anderson MLP Investment (KYN) Chart for Monday, May, 29, 2017