Adams Diversified Equity Fund, Inc. (ADX)
ADX Price and Sentiment
ADX Latest news
Adams Diversified Equity Fund Declares Year-End Distribution; Exceeds its Annual 6% Minimum Distribution Rate Commitment2021-11-11 16:10
BALTIMORE, Nov. 11, 2021 /PRNewswire/ -- Adams Diversified Equity Fund, Inc. (NYSE: ADX) declared today a year-end distribution of $2.83 per share. The total distributions by the Fund for 2021 will be $2.98, including the distributions totaling $0.15 per share made prior to today's announcement.
Adams Funds: Unusual Dividend Policy Creates Short-Term Opportunity In Natural Resources And Diversified Equity Funds2021-11-05 14:50
Uneven dividend schedules not picked up by most brokerages' screeners.
ADX runs a rather plain portfolio, which is precisely what some investors might find appealing.
BALTIMORE, Oct. 21, 2021 /PRNewswire/ -- Adams Diversified Equity Fund, Inc. (NYSE: ADX) today announced the Fund's results for the nine months ended September 30 th. The total return on Adams Diversified Equity's net asset value, with dividends and capital gains reinvested, was 14.9%.
ADX: Massive Q4 Dividend, On Sale, Despite Naysayers
ADX is an unleveraged, domestic equity, closed-end fund. The fund carries a perennial -14% discount which drives its solid NAV performance to market-beating returns at market price.
ADX, a domestic equity CEF, is among the oldest closed-end funds having been in existence since 1929.
BALTIMORE, July 15, 2021 /PRNewswire/ -- The Board of Directors of Adams Natural Resources Fund, Inc. (NYSE: PEO) today declared a distribution of $.10 per share from net investment income payable September 1, 2021, to shareholders of record August 18, 2021. This represents the third payment this year toward the Fund's annual 6% minimum distribution rate commitment.
ADX isn't the usual fund I cover. It is a rather plain equity focused fund.
BALTIMORE, April 20, 2021 /PRNewswire/ -- The Board of Directors of Adams Diversified Equity Fund, Inc. (NYSE: ADX) and Adams Natural Resources Fund, Inc. (NYSE: PEO) elected Janis F. Kerns as Vice President, effective April 15, 2021.