Forbes -
9 Dec 2014 21:14

On 12/11/14, Kayne Anderson MLP Investment Company's 4.25% Series E Mandatory Redeemable Preferred Shares (NYSE: KYN.PRE) will trade ex-dividend, for its monthly dividend of $0.0885, payable on 1/2/15. As a percentage of KYN.PRE's recent share price of $25.50, this dividend works out to approximately 0.35%. On an annualized basis, the current yield is approximately 4.16%, which compares to an average yield of 5.76% in the "Financial" preferred stock category, according to Preferred Stock Channel...
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