Kayne Anderson Energy Development Company announced its financial results for the quarter ended November 30, 2011.
Investment income totaled $3.3 million and consisted primarily of net dividends and distributions and interest income. The Company received $4.8 million of cash dividends and distributions, of which $2.9 million was treated as a return of capital during the period. During the quarter, the Company received $1.4 million of interest income, of which $0.4 million was paid-in-kind interest from ProPetro Services, Inc. (“ProPetro”). The Company also received $0.6 million of paid-in-kind distributions, of which ...