KMF Ex-Dividend Reminder - 10/9/13

Looking at the universe of stocks we cover at Dividend Channel, on 10/9/13, Kayne Anderson Midstream/Energy Fund ( KMF) will trade ex-dividend, for its quarterly dividend of $0.46, payable on 10/18/13. As a percentage of KMF's recent stock price of $31.80, this dividend works out to approximately 1.45%, so look for shares of Kayne Anderson Midstream/Energy Fund to trade 1.45% lower — all else being equal — when KMF shares open for trading on 10/9/13.

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Below is a dividend history chart for KMF, showing historical dividends prior to the most recent $0.46 declared by Kayne Anderson Midstream/Energy Fund:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from KMF is likely to continue, and whether the current estimated yield of 5.79% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of KMF shares, versus its 200 day moving average:

Kayne Anderson Midstream/Energy Fund 200 Day Moving Average Chart

Looking at the chart above, KMF's low point in its 52 week range is $25.86 per share, with $36.77 as the 52 week high point — that compares with a last trade of $31.80.

In Monday trading, Kayne Anderson Midstream/Energy Fund shares are currently down about 0.4% on the day.