Kayne Anderson Energy Infrastructure Fund Announces Distribution of $0.24 Per Share for Q3 2024
Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) has announced a quarterly distribution of $0.24 per share for the fiscal quarter ended August 31, 2024. This represents a $0.02 increase (9%) over the previous quarter's distribution. The distribution is payable to common stockholders on October 7, 2024.
Jim Baker, KYN's Chairman, President and CEO, expressed satisfaction with the company's fiscal 2024 performance and emphasized the importance of distributions to investors. The company aims to steadily increase KYN's distribution over time, supported by its operating results.
KYN is a non-diversified, closed-end management investment company that invests at least 80% of its total assets in securities of Energy Infrastructure Companies. The company's objective is to provide a high after-tax total return with an emphasis on cash distributions to stockholders.
Il Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) ha annunciato una distribuzione trimestrale di $0,24 per azione per il trimestre fiscale terminato il 31 agosto 2024. Questo rappresenta un aumento di $0,02 (9%) rispetto alla distribuzione del trimestre precedente. La distribuzione è in pagamento agli azionisti comuni il 7 ottobre 2024.
Jim Baker, Presidente, Amministratore Delegato e CEO di KYN, ha espresso soddisfazione per le performance fiscali del 2024 dell'azienda e ha sottolineato l'importanza delle distribuzioni per gli investitori. L'azienda mira a incrementare costantemente la distribuzione di KYN nel tempo, sostenuta dai suoi risultati operativi.
KYN è una società di investimento chiusa e non diversificata che investe almeno l'80% dei suoi attivi totali in titoli di aziende di infrastruttura energetica. L'obiettivo dell'azienda è fornire un alto rendimento totale dopo le tasse, con un'enfasi sulle distribuzioni in contante agli azionisti.
Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) ha anunciado una distribución trimestral de $0.24 por acción para el trimestre fiscal que terminó el 31 de agosto de 2024. Esto representa un aumento de $0.02 (9%) sobre la distribución del trimestre anterior. La distribución se pagará a los accionistas comunes el 7 de octubre de 2024.
Jim Baker, presidente, director y CEO de KYN, expresó su satisfacción con el rendimiento fiscal de la empresa en 2024 y enfatizó la importancia de las distribuciones para los inversores. La compañía tiene como objetivo aumentar de manera constante la distribución de KYN con el tiempo, respaldada por sus resultados operativos.
KYN es una compañía de inversión cerrada y no diversificada que invierte al menos el 80% de sus activos totales en valores de empresas de infraestructura energética. El objetivo de la compañía es proporcionar un alto rendimiento total después de impuestos, con un énfasis en las distribuciones en efectivo a los accionistas.
Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN)은 2024년 8월 31일에 종료된 회계 분기 동안 주당 $0.24의 분배금을 발표했습니다. 이는 이전 분기의 분배금보다 $0.02 증가한 (9%) 금액입니다. 이 분배금은 2024년 10월 7일에 보통주 주주에게 지급됩니다.
KYN의 회장, 사장 및 CEO인 Jim Baker는 회사의 2024 회계 연도 성과에 대한 만족을 표명하며 투자자에게 필수적인 분배금의 중요성을 강조했습니다. 회사는 운영 실적을 바탕으로 KYN의 분배금을 지속적으로 증가시키는 것을 목표로 하고 있습니다.
KYN은 에너지 인프라 기업의 증권에 전체 자산의 최소 80%를 투자하는 비다양화 폐쇄형 관리 투자 회사입니다. 회사의 목표는 주주에게 현금 분배를 중시하며 세후 높은 총 수익률을 제공하는 것입니다.
Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) a annoncé une distribution trimestrielle de 0,24 $ par action pour le trimestre fiscal clos le 31 août 2024. Cela représente une augmentation de 0,02 $ (9 %) par rapport à la distribution du trimestre précédent. La distribution sera versée aux actionnaires ordinaires le 7 octobre 2024.
Jim Baker, président, directeur général et CEO de KYN, a exprimé sa satisfaction quant aux performances de l'entreprise pour l'exercice 2024 et a souligné l'importance des distributions pour les investisseurs. L'entreprise vise à augmenter régulièrement la distribution de KYN dans le temps, soutenue par ses résultats d'exploitation.
KYN est une société d'investissement fermée et non diversifiée qui investit au moins 80 % de ses actifs totaux dans des titres d'entreprises d'infrastructure énergétique. L'objectif de l'entreprise est de fournir un rendement total élevé après impôts, tout en mettant l'accent sur les distributions en espèces aux actionnaires.
Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) hat eine vierteljährliche Ausschüttung von $0,24 pro Aktie für das am 31. August 2024 endende Geschäftsjahr angekündigt. Dies entspricht einem Anstieg um $0,02 (9%) im Vergleich zur Ausschüttung des vorherigen Quartals. Die Ausschüttung ist am 7. Oktober 2024 an die Stammaktionäre zahlbar.
Jim Baker, Vorsitzender, Präsident und CEO von KYN, äußerte seine Zufriedenheit mit der Geschäftsentwicklung im Jahr 2024 und betonte die Bedeutung der Ausschüttungen für die Investoren. Das Unternehmen strebt an, die Ausschüttung von KYN im Laufe der Zeit kontinuierlich zu erhöhen, unterstützt durch seine Betriebsergebnisse.
KYN ist ein nicht diversifiziertes, geschlossenses Anlageverwaltungsunternehmen, das mindestens 80 % seines gesamten Vermögens in Wertpapiere von Energieinfrastrukturunternehmen investiert. Ziel des Unternehmens ist es, eine hohe Gesamtrendite nach Steuern mit einem Schwerpunkt auf Bar-Ausschüttungen an die Aktionäre zu erzielen.
- Quarterly distribution increased by 9% to $0.24 per share
- Management expresses satisfaction with fiscal 2024 performance
- Company aims to steadily increase distributions over time
- None.
Insights
The 9% increase in Kayne Anderson Energy Infrastructure Fund's quarterly distribution to
However, it's important to note that the distribution's tax character isn't finalized, with a
KYN's distribution increase suggests a positive outlook for the energy infrastructure sector. With the fund investing at least
However, investors should be cautious. Energy markets can be volatile and while the distribution increase is encouraging, it's essential to assess the sustainability of these payouts in light of potential market shifts or regulatory changes affecting the energy infrastructure landscape.
HOUSTON, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) announced today a quarterly distribution of
“We are pleased with KYN’s performance thus far in fiscal 2024 and we are excited to announce this
| Record Date / Ex-Date | Payment Date | Distribution Amount | Return of Capital Estimate(1) |
| 9/30/24 | 10/7/24 |
| (1) | This estimate is based on the Company’s anticipated earnings and profits. The final determination of the tax character of distributions will not be determinable until after the end of fiscal 2024 and may differ substantially from this preliminary information. |
Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended, whose common stock is traded on the NYSE. The Company’s investment objective is to provide a high after-tax total return with an emphasis on making cash distributions to stockholders. KYN intends to achieve this objective by investing at least
The Company pays cash distributions to common stockholders at a rate that may be adjusted from time to time. Distribution amounts are not guaranteed and may vary depending on a number of factors, including changes in portfolio holdings and market conditions.
This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of any securities in any jurisdiction in which such offer or sale is not permitted. Nothing contained in this press release is intended to recommend any investment policy or investment strategy or consider any investor’s specific objectives or circumstances. Before investing, please consult with your investment, tax, or legal adviser regarding your individual circumstances.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This communication contains statements reflecting assumptions, expectations, projections, intentions, or beliefs about future events. These and other statements not relating strictly to historical or current facts constitute forward-looking statements as defined under the U.S. federal securities laws. Forward-looking statements involve a variety of risks and uncertainties. These risks include but are not limited to changes in economic and political conditions; regulatory and legal changes; energy industry risk; leverage risk; valuation risk; interest rate risk; tax risk; and other risks discussed in detail in the Company’s filings with the SEC, available at www.kaynefunds.com or www.sec.gov. Actual events could differ materially from these statements or our present expectations or projections. You should not place undue reliance on these forward-looking statements, which speak only as of the date they are made. Kayne Anderson undertakes no obligation to publicly update or revise any forward-looking statements made herein. There is no assurance that the Company’s investment objectives will be attained.
Contact investor relations at 877-657-3863 or cef@kayneanderson.com.
FAQ
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