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Stock Market & Financial Investment News

News Breaks
February 20, 2014
08:25 EDTKYNKayne Anderson 6.75M share Spot Secondary priced at $37.05
Morgan Stanley, BofA/Merrill, Citigroup, UBS and Wells Fargo acted as joint book running managers for the offering.
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September 19, 2014
05:12 EDTKYNKayne Anderson raises distribution to 65c per share from 64c per share
Kayne Anderson announced its quarterly distribution of 65c per share for the quarter ended August 31. This distribution represents an increase of 1.6% from the prior quarter’s distribution of 64c per share and an increase of 9.2% from the distribution for the quarter ended August 31. The distribution will be payable on October 10, to common stockholders of record on October 3, with an ex-dividend date of October 1. The company estimates that 74% of this distribution will be treated as a return of capital for tax purposes.

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