Adams Natural Resources Fund, Inc. (NYSE:PEO - Get Free Report) declared a quarterly dividend on Tuesday, April 22nd, Wall Street Journal reports. Stockholders of record on Monday, April 28th will be given a dividend of 0.52 per share by the financial services provider on Wednesday, May 28th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 10.12%. The ex-dividend date is Monday, April 28th.
Adams Natural Resources Fund has raised its dividend by an average of 24.8% per year over the last three years.
Adams Natural Resources Fund Stock Performance
Adams Natural Resources Fund stock traded up $0.02 during midday trading on Friday, reaching $20.55. 46,684 shares of the stock were exchanged, compared to its average volume of 50,754. Adams Natural Resources Fund has a 52 week low of $18.35 and a 52 week high of $24.23. The company's fifty day moving average is $21.42 and its 200-day moving average is $22.44.
About Adams Natural Resources Fund
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Adams Natural Resources Fund, Inc is a publicly owned investment manager. The firm invests in the public equity markets across the globe. The firm manages closed-end equity fund focused on the energy and material sectors. It invests in stocks of companies of all market capitalizations operating in the energy and natural resources sector including oil companies, exploration and production, utilities, services, and basic materials sectors.
Further Reading
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