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Stock Market & Financial Investment News

News Breaks
January 20, 2012
16:17 EDTKED
theflyonthewall.com: Kayne Anderson raises quarterly distribution to 39c from 38c per share
Kayne Anderson Energy Development Company announced its quarterly distribution of 39c per share for the quarter ended November 30, 2011, representing an increase of 2.6% from the prior quarter's distribution of 38c per share. The distribution will be payable on February 3 to common stockholders of record on January 30, with an ex-dividend date of January 26. It is anticipated that none of this distribution will be treated as a return of capital for tax purposes. The final determination of such amount will be made in early 2013 when the company can determine its earnings and profits. The final tax status of the distribution may differ substantially from this preliminary information. :theflyonthewall.com



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May 21, 2012
07:06 EDTKED
theflyonthewall.com: Kayne Anderson downgraded to Hold from Buy at Stifel Nicolaus
Stifel downgraded Kayne Anderson based on valuation. :theflyonthewall.com