Adams Diversified Equity Fund (ADX) Stock Forecast, Price & News

Adams Diversified Equity Fund's stock was trading at $14.54 at the beginning of 2023. Since then, ADX stock has increased by 8.9% and is now trading at $15.83.
View the best growth stocks for 2023 here.

Adams Diversified Equity Fund saw a drop in short interest in April. As of April 30th, there was short interest totaling 657,100 shares, a drop of 8.4% from the April 15th total of 717,000 shares. Based on an average daily volume of 189,400 shares, the short-interest ratio is presently 3.5 days.
View Adams Diversified Equity Fund's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, May 29th 2023.
View our ADX earnings forecast.

Adams Diversified Equity Fund declared a quarterly dividend on Thursday, April 20th. Investors of record on Thursday, May 18th will be paid a dividend of $0.05 per share on Thursday, June 1st. This represents a $0.20 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date is Wednesday, May 17th.
Read our dividend analysis for ADX.

Saba Closed-End Funds ETF holds 44,326 shares of ADX stock, representing 1.38% of its portfolio.

Adams Diversified Equity Fund (NYSE:ADX) pays an annual dividend of $1.07 per share and currently has a dividend yield of 6.76%. ADX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for ADX.

Based on aggregate information from My MarketBeat watchlists, some companies that other Adams Diversified Equity Fund investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Athabasca Oil (ATH), Precision Drilling (PD), Och-Ziff Capital Management Group (OZM) and Express (EXPR).

Adams Diversified Equity Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "ADX."

Adams Diversified Equity Fund's stock is owned by a number of institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (1.22%), Atlas Wealth LLC (1.09%), Blue Bell Private Wealth Management LLC (0.99%), Bank of America Corp DE (0.51%), Raymond James Financial Services Advisors Inc. (0.48%) and Dubuque Bank & Trust Co. (0.38%). Insiders that own company stock include Frederic A Escherich, Janis F Kerns, Lauriann C Kloppenburg, Mark E Stoeckle and Mary Chris Jammet.
View institutional ownership trends.

Shares of ADX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ADX stock can currently be purchased for approximately $15.83.

Adams Diversified Equity Fund (NYSE:ADX) has a market capitalization of $1.91 billion.

Adams Diversified Equity Fund's mailing address is SEVEN ST PAUL STREET SUITE 1140, BALTIMORE MD, 21202. The official website for the company is www.adamsexpress.com. The closed-end fund can be reached via phone at (410) 752-5900.