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Ex-Div Reminder For Kayne Anderson MLP Investment Company's Series E Preferred Shares

Tickers in this article: KYN
On 7/11/13, Kayne Anderson MLP Investment Company's 4.25% Series E Mandatory Redeemable Preferred Shares will trade ex-dividend, for its monthly dividend of $0.0885, payable on 8/1/13. As a percentage of KYN.PRE's recent share price of $25.15, this dividend works out to approximately 0.35%. On an annualized basis, the current yield is approximately 4.23%, which compares to an average yield of 5.14% in the "Financial" preferred stock category, according to Preferred Stock Channel.

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As of last close, KYN.PRE was trading at a 0.44% premium to its liquidation preference amount, versus the average premium of 0.39% in the "Financial" category. The chart below shows the one year performance of KYN.PRE shares, versus KYN:

Performance Comparison Chart

Below is a dividend history chart for KYN.PRE, showing historical dividends prior to the most recent $0.0885 on Kayne Anderson MLP Investment Company's 4.25% Series E Mandatory Redeemable Preferred Shares:

KYN.PRE+Dividend+History+Chart

In Tuesday trading, Kayne Anderson MLP Investment Company's 4.25% Series E Mandatory Redeemable Preferred Shares is currently up about 0.2% on the day, while the common shares are up about 0.9%.