Adams Diversified Equity Fund, Inc. (NYSE:ADX) Declares Dividend of $1.96

Adams Diversified Equity Fund, Inc. (NYSE:ADX) declared a dividend on Thursday, November 14th,NASDAQ Dividends reports. Shareholders of record on Friday, November 22nd will be given a dividend of 1.96 per share by the closed-end fund on Monday, December 23rd. The ex-dividend date is Friday, November 22nd.

Adams Diversified Equity Fund has increased its dividend payment by an average of 7.5% per year over the last three years.

Adams Diversified Equity Fund Stock Performance

Shares of ADX traded down $0.27 during mid-day trading on Friday, reaching $22.01. 405,940 shares of the company’s stock were exchanged, compared to its average volume of 194,134. The business’s fifty day simple moving average is $21.61 and its 200-day simple moving average is $21.14. Adams Diversified Equity Fund has a 52-week low of $16.47 and a 52-week high of $22.58.

Insiders Place Their Bets

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

Adams Diversified Equity Fund Company Profile

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.