Adams Natural Resources Fund, Inc. (NYSE:PEO) Raises Dividend to $0.54 Per Share

Adams Natural Resources Fund, Inc. (NYSE:PEO) declared a quarterly dividend on Thursday, July 16th. Shareholders of record on Monday, July 27th will be given a dividend of 0.54 per share by the financial services provider on Wednesday, August 26th. This represents a c) annualized dividend and a dividend yield of 7.8%. The ex-dividend date of this dividend is Monday, July 27th. This is a 3.8% increase from Adams Natural Resources Fund’s previous quarterly dividend of $0.52.

Adams Natural Resources Fund Trading Up 0.7%

Shares of Adams Natural Resources Fund stock opened at $27.64 on Friday. Adams Natural Resources Fund has a 12-month low of $20.57 and a 12-month high of $28.88. The business’s 50 day moving average is $25.73 and its 200-day moving average is $25.67.

About Adams Natural Resources Fund

Adams Natural Resources Fund (NYSE: PEO) is a closed-end management investment company that seeks total return through a combination of capital appreciation and current income. Listed on the New York Stock Exchange, the fund offers investors a way to access a diversified portfolio of companies engaged in the natural resources and energy sectors without investing directly in individual stocks or commodities.

The fund primarily invests in equity securities, including common and preferred stocks, of companies involved in exploration, production, processing, and distribution of oil, natural gas, coal and alternative energy sources.