Kayne Anderson MLP Investment (NYSE: KYN) declared a quarterly distribution of $0.565 per share, or $2.26 annualized. This is a 2.7% increase from the prior distribution of $0.55.
The distribution will be payable on April 12, 2013, to stockholders of record on April 5, 2013, with an ex-distribution date of April 3, 2013.
The annual yield on the distribution is 6.6 percent.
MLPs were strong today on a down day - AMLP up .75%, almost hit a new high.