Adams Natural Resources Fund Inc (NYSE:PEO) Announces Quarterly Dividend of $0.10

Adams Natural Resources Fund Inc (NYSE:PEO) announced a quarterly dividend on Thursday, July 18th, Zacks reports. Investors of record on Friday, August 16th will be paid 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 yield of 2.58%. The ex-dividend date 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.

NYSE:PEO traded up $0.21 during trading hours on Tuesday, reaching $15.49. 1,459 shares of the company were exchanged, compared to its average volume of 77,373. Adams Natural Resources Fund has a 52-week low of $13.60 and a 52-week high of $20.34. The company’s 50 day moving average is $16.23.



A number of equities analysts have weighed in on PEO shares. Clarus Securities reaffirmed an “average” rating on shares of Adams Natural Resources Fund in a research note on Wednesday, August 7th. CIBC reaffirmed an “average” rating and set a $11.00 price target on shares of Adams Natural Resources Fund in a research note on Wednesday, July 31st. Finally, Canaccord Genuity reissued an “average” rating on shares of Adams Natural Resources Fund in a report on Wednesday, July 31st.

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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Dividend History for Adams Natural Resources Fund (NYSE:PEO)

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