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

Adams Natural Resources Fund, Inc. (NYSE:PEO) declared 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 an increase from Adams Natural Resources Fund’s previous — dividend of $0.16.

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

Adams Natural Resources Fund Price Performance

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

Insider Activity at Adams Natural Resources Fund

In other news, VP Gregory W. Buckley bought 1,450 shares of the business’s stock in a transaction that occurred on Wednesday, January 22nd. The shares were acquired at an average cost of $23.30 per share, with a total value of $33,785.00. Following the transaction, the vice president now owns 17,604 shares of the company’s stock, valued at $410,173.20. This represents a 8.98 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 0.06% of the company’s stock.

About Adams Natural Resources Fund

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.