Somewhat Critical Media Coverage Somewhat Unlikely to Impact Adams Diversified Equity Fund (ADX) Stock Price
Headlines about Adams Diversified Equity Fund (NYSE:ADX) have been trending somewhat negative recently, according to Accern. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Adams Diversified Equity Fund earned a media sentiment score of -0.01 on Accern’s scale. Accern also gave news headlines about the closed-end fund an impact score of 42.3435510945489 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Adams Diversified Equity Fund (NYSE ADX) opened at $14.83 on Tuesday. Adams Diversified Equity Fund has a fifty-two week low of $12.68 and a fifty-two week high of $15.92.
The business also recently declared a special dividend, which will be paid on Friday, December 22nd. Shareholders of record on Wednesday, November 22nd will be issued a $0.06 dividend. The ex-dividend date is Tuesday, November 21st. This represents a dividend yield of 2.03%. This is a boost from Adams Diversified Equity Fund’s previous special dividend of $0.02.
In other Adams Diversified Equity Fund news, Director Lauriann C. Kloppenburg bought 5,300 shares of Adams Diversified Equity Fund stock in a transaction that occurred on Wednesday, October 18th. The stock was purchased at an average price of $15.50 per share, with a total value of $82,150.00. Following the completion of the acquisition, the director now directly owns 5,300 shares in the company, valued at approximately $82,150. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Douglas Cotton Swindell sold 2,494 shares of the firm’s stock in a transaction on Wednesday, October 18th. The stock was sold at an average price of $15.46, for a total transaction of $38,557.24. Following the transaction, the vice president now directly owns 3,814 shares of the company’s stock, valued at approximately $58,964.44. The disclosure for this sale can be found here. Company insiders own 7.80% of the company’s stock.
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Adams Diversified Equity Fund Company Profile
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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