Adams Diversified Equity Fund (ADX) Given News Sentiment Rating of -0.07
Press coverage about Adams Diversified Equity Fund (NYSE:ADX) has trended somewhat negative on Monday, according to Accern Sentiment Analysis. Accern ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Adams Diversified Equity Fund earned a daily sentiment score of -0.07 on Accern’s scale. Accern also gave media coverage about the closed-end fund an impact score of 43.1586639506965 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Adams Diversified Equity Fund (ADX) opened at $14.77 on Monday. Adams Diversified Equity Fund has a 12 month low of $12.33 and a 12 month high of $15.92.
The firm also recently disclosed a special dividend, which will be paid on Friday, December 22nd. Shareholders of record on Wednesday, November 22nd will be paid a $0.06 dividend. This represents a dividend yield of 2.03%. This is a positive change from Adams Diversified Equity Fund’s previous special dividend of $0.02. The ex-dividend date is Tuesday, November 21st. Adams Diversified Equity Fund’s dividend payout ratio (DPR) is 7.86%.
In other Adams Diversified Equity Fund news, VP Douglas Cotton Swindell sold 2,494 shares of the firm’s stock in a transaction on Wednesday, October 18th. The shares were sold at an average price of $15.46, for a total value of $38,557.24. Following the transaction, the vice president now directly owns 3,814 shares of the company’s stock, valued at $58,964.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Lauriann C. Kloppenburg acquired 5,300 shares of the company’s stock in a transaction on Wednesday, October 18th. The stock was acquired at an average cost of $15.50 per share, for a total transaction of $82,150.00. Following the completion of the purchase, the director now directly owns 5,300 shares of the company’s stock, valued at approximately $82,150. The disclosure for this purchase can be found here. 7.80% of the stock is currently owned by company insiders.
About Adams Diversified Equity Fund
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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