Adams Natural Resources Fund, Inc. (NYSE:PEO) Announces — Dividend of $0.53

Posted by Geri Gentry on Jan 25th, 2025

Adams Natural Resources Fund, Inc. (NYSE:PEO – Get Free Report) announced a — dividend on Friday, January 17th,NASDAQ Dividends reports. Stockholders of record on Monday, January 27th will be given a dividend of 0.53 per share by the financial services provider on Wednesday, February 26th. This represents a dividend yield of 5.3%. The ex-dividend date is Monday, January 27th. This is an increase from Adams Natural Resources Fund’s previous — dividend of $0.16.

Adams Natural Resources Fund has increased its dividend by an average of 24.8% per year over the last three years.

Adams Natural Resources Fund Trading Up 0.3 %

Shares of PEO stock opened at $23.15 on Friday. Adams Natural Resources Fund has a fifty-two week low of $20.21 and a fifty-two week high of $24.79. The stock has a 50 day simple moving average of $22.71 and a two-hundred day simple moving average of $23.19.

Insider Transactions at Adams Natural Resources Fund

In related news, VP Gregory W. Buckley acquired 1,450 shares of the business’s stock in a transaction dated Wednesday, January 22nd. The shares were bought at an average price of $23.30 per share, with a total value of $33,785.00. Following the transaction, the vice president now directly owns 17,604 shares of the company’s stock, valued at $410,173.20. This trade represents a 8.98 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.06% of the company’s stock.

About Adams Natural Resources Fund

(Get Free Report)

Adams Natural Resources Fund, Inc is a publicly owned investment manager. The firm invests in the public equity markets across the globe. The firm manages closed-end equity fund focused on the energy and material sectors. 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.