Adams Natural Resources Fund Inc (NYSE:PEO) to Issue $0.10 Quarterly Dividend
Adams Natural Resources Fund Inc (NYSE:PEO) declared a quarterly dividend on Thursday, July 18th, Zacks reports. Shareholders of record on Friday, August 16th will be given a dividend of 0.10 per share by the financial services provider on Friday, August 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.61%. The ex-dividend date of this dividend is Thursday, August 15th.
Adams Natural Resources Fund has decreased its dividend by an average of 5.4% per year over the last three years.
Shares of NYSE PEO traded up $0.02 during midday trading on Tuesday, reaching $15.30. The company had a trading volume of 400 shares, compared to its average volume of 77,373. The company’s 50-day moving average is $16.23. Adams Natural Resources Fund has a 1 year low of $13.60 and a 1 year high of $20.34.
Adams Natural Resources Fund Company Profile
Adams Natural Resources Fund, Inc is a self-managed investment trust. The firm invests in the public equity markets across the globe. It invests in stocks of companies of all market capitalizations operating in the energy and natural resources sector including oil companies, exploration and production, utilities, services, and basic materials sectors.
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