Adams Natural Resources Fund, Inc. (NYSE:PEO – Get Free Report) VP Gregory W. Buckley purchased 1,450 shares of the firm’s stock in a transaction dated Wednesday, January 22nd. The stock was acquired at an average price of $23.30 per share, for a total transaction of $33,785.00. Following the purchase, the vice president now owns 17,604 shares in the company, valued at approximately $410,173.20. The trade was a 8.98 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Adams Natural Resources Fund Price Performance
Shares of PEO stock traded up $0.16 on Thursday, hitting $23.22. 41,565 shares of the company’s stock were exchanged, compared to its average volume of 88,464. The company has a 50 day moving average of $22.76 and a 200 day moving average of $23.20. Adams Natural Resources Fund, Inc. has a 12 month low of $19.99 and a 12 month high of $24.79.
Adams Natural Resources Fund Increases Dividend
The business also recently announced a — dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Monday, January 27th will be issued a $0.53 dividend. The ex-dividend date of this dividend is Monday, January 27th. This represents a dividend yield of 5.3%. This is a boost from Adams Natural Resources Fund’s previous — dividend of $0.16.
Institutional Investors Weigh In On Adams Natural Resources Fund
Adams Natural Resources Fund Company Profile
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.
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