Adams Natural Resources Fund, Inc. (NYSE:PEO – Get Free Report) declared a quarterly dividend on Thursday, January 15th. Stockholders of record on Monday, January 26th will be paid a dividend of 0.49 per share by the financial services provider on Wednesday, February 25th. This represents a c) annualized dividend and a dividend yield of 8.4%. The ex-dividend date is Monday, January 26th.
Adams Natural Resources Fund Stock Up 0.5%
NYSE PEO traded up $0.13 on Friday, hitting $23.46. 631,383 shares of the company’s stock were exchanged, compared to its average volume of 156,933. The stock has a 50-day moving average of $21.81 and a 200-day moving average of $21.62. Adams Natural Resources Fund has a 52 week low of $18.34 and a 52 week high of $23.97.
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.
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