Media stories about Kayne Anderson Midstream Energy Fd (NYSE:KMF) have trended positive this week, Accern Sentiment Analysis reports. Accern rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Kayne Anderson Midstream Energy Fd earned a news sentiment score of 0.28 on Accern’s scale. Accern also gave media stories about the closed-end fund an impact score of 46.4977527633401 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Shares of Kayne Anderson Midstream Energy Fd (KMF) traded up 1.30% during trading on Friday, hitting $13.25. The stock had a trading volume of 137,310 shares. The stock’s 50 day moving average price is $14.20 and its 200-day moving average price is $14.74. Kayne Anderson Midstream Energy Fd has a one year low of $12.87 and a one year high of $17.04.
The company also recently disclosed a quarterly dividend, which was paid on Friday, October 13th. Stockholders of record on Monday, October 9th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, October 5th. This represents a $1.20 annualized dividend and a dividend yield of 9.06%.
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About Kayne Anderson Midstream Energy Fd
Kayne Anderson Midstream/Energy Fund, Inc (the Fund) is a non-diversified, closed-end investment management company. The Fund’s investment objective is to provide a high level of return with an emphasis on making quarterly cash distributions to its stockholders. The Fund seeks to achieve its investment objective by investing at least 80% of its total assets in the securities of companies in the Midstream/Energy Sector, consisting of midstream master limited partnerships (MLPs), midstream companies, other MLPs and other energy companies.
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