Adams Natural Resources Fund, Inc. (NYSE:PEO) Plans -- Dividend of $0.51

Adams Natural Resources Fund, Inc. (NYSE:PEO - Get Free Report) declared a -- dividend on Monday, July 21st, investing.com reports. Stockholders of record on Monday, July 28th will be paid a dividend of 0.51 per share by the financial services provider on Tuesday, August 26th. This represents a dividend yield of 9.31%. The ex-dividend date is Monday, July 28th. This is a 218.8% increase from Adams Natural Resources Fund's previous -- dividend of $0.16.

Adams Natural Resources Fund Trading Up 0.3%

NYSE PEO traded up $0.08 on Thursday, reaching $22.18. The company had a trading volume of 91,138 shares, compared to its average volume of 61,199. The company's fifty day moving average is $21.24 and its 200 day moving average is $21.51. Adams Natural Resources Fund has a 52-week low of $18.34 and a 52-week high of $24.79.

Hedge Funds Weigh In On Adams Natural Resources Fund

Large investors have recently modified their holdings of the business. Jones Financial Companies Lllp increased 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 worth $979,000 after acquiring an additional 38,374 shares during the last quarter. Focus Partners Wealth increased its stake in Adams Natural Resources Fund by 8.9% in the 1st quarter. Focus Partners Wealth now owns 16,950 shares of the financial services provider's stock worth $387,000 after purchasing an additional 1,380 shares during the period. Finally, Comerica Bank increased its position in shares of Adams Natural Resources Fund by 38.1% in the first quarter. Comerica Bank now owns 1,859 shares of the financial services provider's stock valued at $42,000 after acquiring an additional 513 shares during the period. Hedge funds and other institutional investors own 33.54% of the company's stock.

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.