Adams Diversified Equity Fund, Inc. (NYSE:ADX) Plans Dividend of $1.96

Adams Diversified Equity Fund, Inc. (NYSE:ADX) declared a dividend on Thursday, November 14th,NASDAQ Dividends reports. Investors of record on Friday, November 22nd will be given a dividend of 1.96 per share by the closed-end fund on Monday, December 23rd. The ex-dividend date of this dividend is Friday, November 22nd.

Adams Diversified Equity Fund has increased its dividend payment by an average of 7.5% per year over the last three years.

Adams Diversified Equity Fund Stock Performance

NYSE ADX traded down $0.26 during trading on Friday, hitting $22.02. The company’s stock had a trading volume of 407,055 shares, compared to its average volume of 194,134. Adams Diversified Equity Fund has a 52 week low of $16.47 and a 52 week high of $22.58. The firm has a 50 day moving average price of $21.61 and a 200 day moving average price of $21.14.

Insider Buying and Selling at Adams Diversified Equity Fund

In related news, Director Jane Musser Nelson acquired 1,155 shares of the company’s stock in a transaction on Thursday, October 31st. The stock was purchased at an average cost of $21.69 per share, for a total transaction of $25,051.95. Following the completion of the purchase, the director now directly owns 4,982 shares of the company’s stock, valued at $108,059.58. The trade was a 30.18 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Frederic A. Escherich sold 9,500 shares of Adams Diversified Equity Fund stock in a transaction dated Monday, October 28th. The shares were sold at an average price of $21.93, for a total transaction of $208,335.00. Following the transaction, the director now directly owns 49,908 shares of the company’s stock, valued at $1,094,482.44. This represents a 15.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.11% of the company’s stock.

Adams Diversified Equity Fund Company Profile

Adams Diversified Equity Fund, Inc is a publicly owned investment manager. It primarily provides its services to investment companies. The firm is a large advisory firm The firm is actively engaged in businesses, including commodity pool operator or commodity trading advisor. The firm launches equity.