Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) focuses on high after-tax total returns with a strategy centered on energy infrastructure investments.
Recent insider buying by Executive Vice President Little Harrison James signals confidence in the company’s future.
KYN’s financial metrics, including a P/E ratio of 4.67 and an earnings yield of 21.40%, highlight its market position and investment potential.
Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) is a non-diversified, closed-end management investment company. It focuses on providing high after-tax total returns, primarily through cash distributions to its stockholders. KYN invests at least 80% of its total assets in securities of Energy Infrastructure Companies. This strategy aims to capitalize on the energy sector’s potential while offering substantial returns to investors.
KYN recently announced the tax characterization of its 2024 distributions, emphasizing that this information is for general purposes and not specific advice. Investors are advised to consult their tax advisers or legal counsel for personalized guidance. The company also issued a cautionary note on forward-looking statements, highlighting risks such as economic and political changes, regulatory shifts, and energy industry-specific risks. These statements are subject to uncertainties, and actual outcomes may differ from current expectations.
On January 17, 2025, Little Harrison James, KYN’s Executive Vice President, purchased 5,000 shares of Common Stock at approximately $13.04 per share. This transaction reflects confidence in the company’s future prospects. As of January 15, 2025, KYN declared a dividend of $0.08, with a record date on the same day and payment scheduled for January 31, 2025. This dividend declaration was initially made on October 10, 2024.
KYN’s financial metrics provide insight into its market position. The company has a price-to-earnings (P/E) ratio of approximately 4.67, indicating the price investors are willing to pay per dollar of earnings. Its price-to-sales ratio is about 12.49, reflecting the market value relative to sales. The enterprise value to sales ratio is around 15.64, showing the company’s total value compared to its sales. The enterprise value to operating cash flow ratio is approximately 61.89, suggesting how much investors are willing to pay for the company’s operating cash flow.
KYN’s earnings yield is about 21.40%, indicating the percentage of each dollar invested that was earned by the company. The debt-to-equity ratio is approximately 0.29, showing the proportion of debt used to finance the company’s assets relative to shareholders’ equity. Lastly, the current ratio is about 0.14, suggesting the company’s ability to cover its short-term liabilities with its short-term assets. These metrics provide a comprehensive view of KYN’s financial health and investment potential.
