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

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 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 boost from Adams Natural Resources Fund’s previous — dividend of $0.16.

Adams Natural Resources Fund has raised its dividend by an average of 24.8% per year over the last three years.

Adams Natural Resources Fund Price Performance

Shares of NYSE:PEO opened at $23.15 on Friday. The business has a 50 day moving average of $22.71 and a two-hundred day moving average of $23.19. Adams Natural Resources Fund has a 12-month low of $20.21 and a 12-month high of $24.79.

Insiders Place Their Bets

In related news, VP Gregory W. Buckley purchased 1,450 shares of the business’s stock in a transaction that occurred on Wednesday, January 22nd. The stock was purchased at an average price 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 in the company, valued at $410,173.20. This trade represents a 8.98 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. 0.06% of the stock is currently owned by company insiders.

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.