Adams Natural Resources Fund, Inc. (NYSE:PEO – Get Free Report) announced a quarterly dividend on Thursday, April 16th. Investors of record on Monday, April 27th will be given a dividend of 0.52 per share by the financial services provider on Wednesday, May 27th. This represents a c) dividend on an annualized basis and a dividend yield of 8.1%. The ex-dividend date is Monday, April 27th. This is a 6.1% increase from Adams Natural Resources Fund’s previous quarterly dividend of $0.49.
Adams Natural Resources Fund Stock Performance
NYSE:PEO opened at $25.66 on Friday. Adams Natural Resources Fund has a 1 year low of $19.44 and a 1 year high of $28.88. The stock’s fifty day moving average price is $26.44 and its two-hundred day moving average price is $23.60.
Adams Natural Resources Fund Company Profile
Adams Natural Resources Fund (NYSE: PEO) is a closed-end management investment company that seeks total return through a combination of capital appreciation and current income. Listed on the New York Stock Exchange, the fund offers investors a way to access a diversified portfolio of companies engaged in the natural resources and energy sectors without investing directly in individual stocks or commodities.
The fund primarily invests in equity securities, including common and preferred stocks, of companies involved in exploration, production, processing, and distribution of oil, natural gas, coal and alternative energy sources.
Further Reading
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