Adams Natural Resources Fund, Inc. (PEO) To Go Ex-Dividend on January 27th

Adams Natural Resources Fund, Inc. (NYSE:PEO) announced a — dividend on Friday, January 17th,NASDAQ Dividends reports. Investors 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 a positive change 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 %

NYSE:PEO opened at $23.15 on Friday. The company’s fifty day moving average price is $22.71 and its 200-day moving average price is $23.19. Adams Natural Resources Fund has a 1-year low of $20.21 and a 1-year high of $24.79.

Insiders Place Their Bets

In related news, VP Gregory W. Buckley purchased 1,450 shares of the firm’s stock in a transaction on Wednesday, January 22nd. The stock was bought at an average cost of $23.30 per share, with a total value of $33,785.00. Following the completion of the acquisition, the vice president now owns 17,604 shares of the company’s stock, valued at $410,173.20. The trade was a 8.98 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.06% of the stock is owned by insiders.

Adams Natural Resources Fund Company Profile

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.