Kayne Anderson MLP Investment Company's 4.25% Series E Mandatory Redeemable Preferred Shares Ex-Dividend Reminder - 2/12/14

On 2/12/14, Kayne Anderson MLP Investment Company's 4.25% Series E Mandatory Redeemable Preferred Shares ( KYN.PRE) will trade ex-dividend, for its monthly dividend of $0.0885, payable on 3/3/14. As a percentage of KYN.PRE's recent share price of $25.40, this dividend works out to approximately 0.35%. On an annualized basis, the current yield is approximately 4.20%, which compares to an average yield of 5.78% in the "Financial" preferred stock category, according to Preferred Stock Channel.

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As of last close, KYN.PRE was trading at a 1.12% premium to its liquidation preference amount. The chart below shows the one year performance of KYN.PRE shares, versus KYN:

Performance Comparison Chart

Below is a dividend history chart for KYN.PRE, showing historical dividends prior to the most recent $0.0885 on Kayne Anderson MLP Investment Company's 4.25% Series E Mandatory Redeemable Preferred Shares:

KYN.PRE+Dividend+History+Chart

In Monday trading, Kayne Anderson MLP Investment Company's 4.25% Series E Mandatory Redeemable Preferred Shares ( KYN.PRE) is currently up about 0.5% on the day, while the common shares ( KYN) are down about 0.3%.

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