Adams Natural Resources Fund, Inc. (PEO) To Go Ex-Dividend on January 26th

Adams Natural Resources Fund, Inc. (NYSE:PEO) declared a quarterly dividend on Thursday, January 15th. Investors of record on Monday, January 26th will be given a dividend of 0.49 per share by the financial services provider on Wednesday, February 25th. This represents a c) dividend on an annualized basis and a yield of 8.4%. The ex-dividend date is Monday, January 26th.

Adams Natural Resources Fund Trading Up 0.5%

Shares of NYSE PEO opened at $23.46 on Friday. The firm has a 50-day moving average price of $21.85 and a 200 day moving average price of $21.63. Adams Natural Resources Fund has a 52 week low of $18.34 and a 52 week high of $23.97.

Hedge Funds Weigh In On Adams Natural Resources Fund

A number of institutional investors have recently modified their holdings of PEO. Adams Diversified Equity Fund Inc. raised its holdings in shares of Adams Natural Resources Fund by 2.4% during the 3rd quarter. Adams Diversified Equity Fund Inc. now owns 2,516,002 shares of the financial services provider’s stock valued at $54,144,000 after buying an additional 59,821 shares during the period. Lazard Asset Management LLC increased its stake in Adams Natural Resources Fund by 23.4% during the third quarter. Lazard Asset Management LLC now owns 510,075 shares of the financial services provider’s stock valued at $10,977,000 after purchasing an additional 96,622 shares during the last quarter. Penserra Capital Management LLC raised its holdings in shares of Adams Natural Resources Fund by 28.4% during the third quarter. Penserra Capital Management LLC now owns 272,359 shares of the financial services provider’s stock worth $5,861,000 after purchasing an additional 60,228 shares during the period. Pathstone Holdings LLC raised its stake in Adams Natural Resources Fund by 28.2% during the third quarter. Pathstone Holdings LLC now owns 264,520 shares of the financial services provider’s stock worth $5,692,000 after acquiring an additional 58,231 shares during the period. Finally, Wolverine Asset Management LLC lifted its holdings in Adams Natural Resources Fund by 35.9% in the third quarter. Wolverine Asset Management LLC now owns 155,166 shares of the financial services provider’s stock worth $3,339,000 after acquiring an additional 40,996 shares during the last quarter. Institutional investors and hedge funds own 33.54% of the company’s stock.

About Adams Natural Resources Fund

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.