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

Posted by Karen Miller on Jan 25th, 2025

Adams Natural Resources Fund, Inc. (NYSE:PEO – Get Free Report) announced a — dividend on Friday, January 17th,NASDAQ Dividends reports. Shareholders of record on Monday, January 27th will be paid a dividend of 0.53 per share by the financial services provider on Wednesday, February 26th. This represents a 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 raised its dividend payment by an average of 24.8% annually over the last three years.

Adams Natural Resources Fund Stock Performance

PEO stock opened at $23.15 on Friday. Adams Natural Resources Fund has a twelve month low of $20.21 and a twelve month high of $24.79. The stock’s 50 day moving average is $22.71 and its 200-day moving average is $23.19.

Insider Buying and Selling at Adams Natural Resources Fund

In other news, VP Gregory W. Buckley acquired 1,450 shares of Adams Natural Resources Fund stock in a transaction on Wednesday, January 22nd. The stock was 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 approximately $410,173.20. This trade represents a 8.98 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.06% of the company’s stock.

About Adams Natural Resources Fund

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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.