Kayne Anderson MLP Investment's Series G Preferred Shares Crosses Above 4.5% Yield Territory
August 12, 2014 at 14:31 PM EDT
In trading on Tuesday, shares of Kayne Anderson MLP Investment Company's 4.60% Series G Mandatory Redeemable Preferred Shares (KYN. RG) were yielding above the 4.5% mark based on its monthly dividend (annualized to $1.15), with shares changing hands as low as $25.44 on the day.