Adams Natural Resources Fund, Inc. to Issue Quarterly Dividend of $0.49 (NYSE:PEO)

Adams Natural Resources Fund, Inc. (NYSE:PEO) declared a quarterly dividend on Thursday, November 13th. Stockholders of record on Friday, November 21st will be given a dividend of 0.49 per share by the financial services provider on Friday, December 19th. This represents a c) annualized dividend and a dividend yield of 8.8%. The ex-dividend date is Friday, November 21st.

Adams Natural Resources Fund Trading Up 0.9%

PEO traded up $0.20 during trading on Friday, hitting $22.16. The company had a trading volume of 31,810 shares, compared to its average volume of 57,001. The firm’s 50-day moving average price is $21.52 and its 200 day moving average price is $21.27. Adams Natural Resources Fund has a one year low of $18.34 and a one year high of $24.79.

Institutional Trading of Adams Natural Resources Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in PEO. Wolverine Asset Management LLC grew its holdings in shares of Adams Natural Resources Fund by 123.5% in the 2nd quarter. Wolverine Asset Management LLC now owns 114,170 shares of the financial services provider’s stock valued at $2,440,000 after acquiring an additional 63,096 shares in the last quarter. Penserra Capital Management LLC grew its position in shares of Adams Natural Resources Fund by 28.4% in the 3rd quarter. Penserra Capital Management LLC now owns 272,359 shares of the financial services provider’s stock valued at $5,861,000 after acquiring an additional 60,228 shares during the period. Adams Diversified Equity Fund Inc. raised its holdings in shares of Adams Natural Resources Fund by 2.5% in the 2nd quarter. Adams Diversified Equity Fund Inc. now owns 2,456,181 shares of the financial services provider’s stock valued at $52,489,000 after purchasing an additional 59,934 shares during the period. Pathstone Holdings LLC increased its position in Adams Natural Resources Fund by 28.2% during the third quarter. Pathstone Holdings LLC now owns 264,520 shares of the financial services provider’s stock worth $5,692,000 after buying an additional 58,231 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its stake in Adams Natural Resources Fund by 843.9% in the 1st quarter. Jones Financial Companies Lllp now owns 42,921 shares of the financial services provider’s stock valued at $979,000 after acquiring an additional 38,374 shares during the period. 33.54% of the stock is currently owned by institutional investors and hedge funds.

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.