Kayne Anderson MLP Investment Company's Series F Preferred Shares Crosses Above 3.5% Yield Territory

In trading on Thursday, shares of Kayne Anderson MLP Investment Company's 3.500% Series F Mandatory Redeemable Preferred Shares (KYN.PRF) were yielding above the 3.5% mark based on its monthly dividend (annualized to $0.875), with shares changing hands as low as $25.00 on the day. This compares to an average yield of 5.74% in the "Financial" preferred stock category, according to Preferred Stock Channel. As of last close, KYN.PRF was trading at a 0.24% premium to its liquidation preference amount, versus the average premium of 1.20% in the "Financial" category.

The chart below shows the one year performance of KYN.PRF shares, versus KYN:

Performance Comparison Chart

Below is a dividend history chart for KYN.PRF, showing historical dividend payments on Kayne Anderson MLP Investment Company's 3.500% Series F Mandatory Redeemable Preferred Shares :

KYN.PRF+Dividend+History+Chart

In Thursday trading, Kayne Anderson MLP Investment Company's 3.500% Series F Mandatory Redeemable Preferred Shares ( KYN.PRF) is currently up about 0.2% on the day, while the common shares ( KYN) are up about 0.1%.

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