This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Kayne Anderson Energy Development Company Announces Distribution of $0.30 per Share for Q3 2009 and Maintains Distribution Guidance for Fiscal 2009 2009-10-06 17:41 ET - News Release  HOUSTON -- (Business Wire)
(NYSE:KED) Kayne Anderson Energy Development Company (the “Company”)
announced today its quarterly distribution of $0.30 per share for the
quarter ended August 31, 2009 and stated that it expects its portfolio
investments to generate sufficient distributable cash flow to maintain
distributions of $0.30 per share during the remainder of fiscal year
2009.
The distribution will be payable on October 29, 2009 to common
stockholders of record on October 16, 2009, with an ex-dividend date of
October 14, 2009. It is anticipated that substantially all of this
distribution will be treated as a return of capital for tax purposes.
The final determination of such amount will be made in early 2010 when
the Company can determine its earnings and profits. The final tax status
of the distribution may differ substantially from this preliminary
information.
The remainder is available to Stockwatch subscribers. If you would like to give the Stockwatch system a try,
click here for a free 30 day trial subscription. |