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Kayne Anderson Energy Development Co (KED)

KED on New York Consolidated

18.67USD
31 Aug 2016
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Latest Key Developments (Source: Significant Developments)

Kayne Anderson Energy Development says as of May 31, co's net assets were $197 mln
Thursday, 2 Jun 2016 08:05pm EDT 

Kayne Anderson Energy Development Co :Says as of May 31, 2016, company's net assets were $197 million, and its net asset value per share was $18.51.  Full Article

Kayne Anderson Energy Development Co announces quarterly distribution
Thursday, 25 Jun 2015 04:44pm EDT 

Kayne Anderson Energy Development Co:Announces quarterly distribution of $0.53 per share for the quarter ended May 31, 2015.Distribution will be payable on July 17, of record on July 10.Ex-dividend date of July 8.  Full Article

Kayne Anderson Energy Development Co completes private placement of $25 million of mandatory redeemable preferred shares
Friday, 10 Apr 2015 06:35pm EDT 

Kayne Anderson Energy Development Co:Says that it completed a private placement of $25 million of mandatory redeemable preferred shares (the MRP shares) with an institutional investor.Issuance of series A MRP shares will be first issuance under a three-year, $100 million uncommitted private shelf facility provided by institutional investor.Proceeds from issuance will be used to make new portfolio investments and for general corporate purposes.MRP shares will mature on April 10, 2020, and pay quarterly cash dividends at a rate of 3.37 pct. per annum.  Full Article

Kayne Anderson Energy Development Co increases quarterly distribution
Wednesday, 1 Apr 2015 08:00pm EDT 

Kayne Anderson Energy Development Co:Says quarterly distribution of $0.53 per share for the quarter ended Feb. 28.Says distribution will be payable on April 24 to common stockholders of record on April 17 with an ex-dividend date of April 15.  Full Article

Kayne Anderson Energy Development Co prices private placement of $25 million of mandatory redeemable preferred shares
Tuesday, 17 Mar 2015 06:46pm EDT 

Kayne Anderson Energy Development Co:Says that it reached conditional agreement with institutional investor relating to private placement of $25 million of mandatory redeemable preferred shares (the MRP shares).MRP shares will mature five years from issuance and pay quarterly cash dividends at a rate of 3.37 pct. per annum.Issuance of the MRP Shares will be first issuance under thee-year, $100 million uncommitted private shelf facility provided by institutional investor.Initial issuance and shelf facility are expected to close on or before April 10.Closing is subject to confirmatory due diligence, legal documentation and other standard closing conditions.Proceeds from initial issuance will be used to make new portfolio investments and for general corporate purposes.  Full Article

Kayne Anderson Energy Development Company announces increases in quarterly distribution
Sunday, 18 Jan 2015 05:57pm EST 

Kayne Anderson Energy Development Company:Announces quarterly distribution of $0.525 per share for the quarter ended Nov. 30, 2014.The distribution will be payable on Jan. 30, 2015 to common stockholders of record on Jan. 26, 2015.Says an ex-dividend date of Jan. 22, 2015.  Full Article

BRIEF-Kayne Anderson Energy says net assets were $204 mln as of July 31

* As of July 31, 2016, company's net assets were $204 million, and its net asset value per share was $19.13 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)