Kayne Anderson MLP Investment 4.60% Mandatory Redemption Cumulative Preferred Stock
By: Tim McPartland,
S&P Rating NR Moodys Rating NR
Security Ticker Symbol KYN-G
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Market Traded ON NYSE
Dividend Payment Paid on the 1st of each month beginning on 10/01/2013
Monthly Dividend .0958 Annual Dividend 1.15
Securities may be redeemed, at the issuers option, at anytime as follows–
If between 9/30/2014 and 9/30/2015 101% of $25 plus accrued dividends
If between 10/1/2015 and 9/30/2016 100.5% of $25 plus accrued dividends
After 9/30/2016 $25 plus accrued dividends
Dvidend Payment Likely Will be a Qualified Distributions
Mandatory Redemption 10/1/2021
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Company Investor Relations Page for Kayne Anderson MLP Investment
Below you can find the offering Prospectus and Final Pricing Document
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Tim McPartland
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Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
