Kayne Anderson MLP Investment Company's Series G Mandatory Redeemable Preferred Shares Cross 4.5% Yield Mark
August 05, 2016 at 14:06 PM EDT
In trading on Friday, 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 $25.55 on the day.