Adams Diversified Equity Fund, Inc. (ADX) to Issue Quarterly Dividend of $0.47 on February 28th

Adams Diversified Equity Fund, Inc. (NYSE:ADX) announced a quarterly dividend on Friday, January 17th,NASDAQ Dividends reports. Stockholders of record on Monday, January 27th will be paid a dividend of 0.47 per share by the closed-end fund on Friday, February 28th. This represents a $1.88 annualized dividend and a dividend yield of 8.98%. The ex-dividend date of this dividend is Monday, January 27th.

Adams Diversified Equity Fund has decreased its dividend payment by an average of 5.7% per year over the last three years.

Adams Diversified Equity Fund Stock Up 1.1 %

NYSE ADX opened at $20.94 on Friday. The firm’s fifty day moving average price is $20.84 and its 200 day moving average price is $21.22. Adams Diversified Equity Fund has a 12 month low of $17.50 and a 12 month high of $22.63.

Insider Buying and Selling at Adams Diversified Equity Fund

In other Adams Diversified Equity Fund news, Director Frederic A. Escherich sold 9,500 shares of the business’s stock in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of $21.93, for a total value of $208,335.00. Following the completion of the sale, the director now owns 49,908 shares in the company, valued at approximately $1,094,482.44. The trade was a 15.99 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jane Musser Nelson acquired 1,155 shares of the firm’s stock in a transaction dated Thursday, October 31st. The stock was purchased at an average cost of $21.69 per share, with a total value of $25,051.95. Following the completion of the acquisition, the director now directly owns 4,982 shares of the company’s stock, valued at approximately $108,059.58. This trade represents a 30.18 % increase in their position. The disclosure for this purchase can be found here. 0.11% of the stock is currently owned by insiders.

About Adams Diversified Equity Fund

Adams Diversified Equity Fund, Inc is a publicly owned investment manager. It primarily provides its services to investment companies. The firm is a large advisory firm The firm is actively engaged in businesses, including commodity pool operator or commodity trading advisor. The firm launches equity.