Kayne Anderson MLP Investment Hikes Quarterly Distribution

(RTTNews) - Kayne Anderson MLP Investment Co. (KYN) on Friday announced its quarterly distribution of $0.61 per share for the quarter ended November 30, 2013, representing an increase of 2.5% from the prior quarter's distribution of $0.595 per share and an increase of 10.9% from the distribution for the quarter ended November 30, 2012.

This represents the thirteenth consecutive quarterly increase by the company. The increased distribution will be payable on January 10, 2014 to common stockholders of record on January 6, 2014, with an ex-dividend date of January 2, 2014.