Adams Natural Resources Fund, Inc. (NYSE:PEO) Increases Dividend to $0.52 Per Share

Adams Natural Resources Fund, Inc. (NYSE:PEO) announced a quarterly dividend on Thursday, April 16th. Shareholders of record on Monday, April 27th will be given a dividend of 0.52 per share by the financial services provider on Wednesday, May 27th. This represents a c) dividend on an annualized basis and a yield of 8.1%. The ex-dividend date of this dividend is Monday, April 27th. This is a 6.1% increase from Adams Natural Resources Fund’s previous quarterly dividend of $0.49.

Adams Natural Resources Fund Price Performance

PEO stock traded down $0.70 during mid-day trading on Friday, reaching $25.66. 179,530 shares of the stock traded hands, compared to its average volume of 112,782. Adams Natural Resources Fund has a 52-week low of $19.44 and a 52-week high of $28.88. The stock’s fifty day moving average is $26.43 and its 200-day moving average is $23.57.

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.