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Stock Market & Financial Investment News

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March 28, 2014
07:31 EDTKEDKayne Anderson Energy Development raises dividend to 51c for Q1
Kayne Anderson Energy Development Company announced a quarterly distribution of 51c per share for the quarter ended February 28. This distribution represents an increase of 2% over the prior quarterly distribution and an increase of 17.2% over the same period last year. The distribution will be payable on April 25 to common stockholders of record on April 17, with an ex-dividend date of April 15. The company estimates that none of this distribution will be treated as a return of capital for tax purposes.
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