Adams Diversified Equity Fund Inc to Issue Quarterly Dividend of $0.05 (ADX)
Adams Diversified Equity Fund Inc (NYSE:ADX) declared a quarterly dividend on Friday, January 19th, Wall Street Journal reports. Shareholders of record on Friday, February 16th will be paid a dividend of 0.05 per share by the closed-end fund on Thursday, March 1st. This represents a $0.20 dividend on an annualized basis and a yield of 1.36%. The ex-dividend date is Thursday, February 15th.
Adams Diversified Equity Fund has increased its dividend payment by an average of 5.4% per year over the last three years.
Adams Diversified Equity Fund (NYSE:ADX) opened at $14.74 on Friday. Adams Diversified Equity Fund has a one year low of $13.24 and a one year high of $16.11.
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Adams Diversified Equity Fund, Inc (the Fund) is a diversified, closed-end equity investment company. The Fund’s investment objectives are preservation of capital, the attainment of reasonable income from investments and an opportunity for capital appreciation. Its portfolio includes investments in consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, real estate, telecommunication services and utilities.
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