NYSE:ADX

Adams Diversified Equity Fund - ADX Stock Forecast, Price & News

$17.25

+0.02 (+0.12%)

(As of 08/18/2022 12:44 PM ET)

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Today's Range: $17.25
▼
$17.29
50-Day Range: $14.80
▼
$17.38
52-Week Range: $14.65
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$22.33

Volume: 1,277 shs
Average Volume: 175,838 shs
Market Capitalization: $1.91 billion

P/E Ratio: N/A
Dividend Yield: 17.15%
Price Target: N/A

About Adams Diversified Equity Fund (NYSE:ADX) Stock

Adams Diversified Equity Fund, Inc. is a publicly owned investment manager. The firm provides its services to investment companies. The firm invests in the public equity markets of the United States. It invests in stocks of large-cap companies across diversified sectors to make its investments. The firm employs a fundamental, technical and quantitative analysis with a bottom-up stock picking approach, while focusing on earnings growth prospects, financial strength, cash flow generation, macro-economics, capital allocation, market competition, profitability. It obtains external research to complement its in-house research to make its investments. The firm benchmarks the performance of its portfolios against the S&P 500 Index. It was formerly known as The Adams Express Company. Adams Diversified Equity Fund, Inc. was founded in 1840 and is based in Baltimore, Maryland.

Adams Diversified Equity Fund Stock Performance

NYSE:ADX traded down $0.10 during trading hours on Wednesday, reaching $17.23. 285,310 shares of the company were exchanged, compared to its average volume of 203,692. Adams Diversified Equity Fund has a 52-week low of $14.65 and a 52-week high of $22.33. The stock has a 50 day simple moving average of $15.95 and a 200 day simple moving average of $16.95.

Adams Diversified Equity Fund Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 1st. Stockholders of record on Thursday, August 18th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date is Wednesday, August 17th.

Insider Activity

In other news, Director Frederic A. Escherich sold 4,248 shares of the firm's stock in a transaction on Wednesday, June 15th. The shares were sold at an average price of $15.31, for a total value of $65,036.88. Following the transaction, the director now owns 62,479 shares of the company's stock, valued at approximately $956,553.49. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.19% of the company's stock.

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ADX Stock News Headlines

August 16, 2022 | reuters.com

Adams Diversified Equity Fund Inc

August 15, 2022 | americanbankingnews.com

Adams Diversified Equity Fund, Inc. (ADX) To Go Ex-Dividend on August 17th

July 28, 2022 | nasdaq.com

Thursday 7/28 Insider Buying Report: ADX, KO

July 28, 2022 | americanbankingnews.com

Insider Buying: Adams Diversified Equity Fund, Inc. (NYSE:ADX) Director Purchases 4,248 Shares of Stock

June 15, 2022 | nasdaq.com

Insiders Now Seeing Red With ADX At New 52-Week Low

April 1, 2022 | fool.com

Adams Express Company(ADX)

February 24, 2022 | nasdaq.com

Will Insiders Be Tempted To Buy More ADX At The New 52-Week Low?

January 20, 2022 | seekingalpha.com

Adams Diversified Equity Fund declares $0.05 dividend

January 20, 2022 | finance.yahoo.com

Adams Diversified Equity Fund Announces 2021 Performance

November 11, 2021 | finance.yahoo.com

Adams Natural Resources Fund Declares Year-End Distribution; Exceeds Its Annual 6% Minimum Distribution Rate Commitment

June 25, 2021 | nasdaq.com

Friday 6/25 Insider Buying Report: ADX, OVV

May 13, 2021 | nasdaq.com

Reminder - Adams Diversified Equity Fund (ADX) Goes Ex-Dividend Soon

April 20, 2021 | finance.yahoo.com

Janis F. Kerns Elected Vice President Of Adams Diversified Equity And Adams Natural Resources Funds

March 4, 2021 | seekingalpha.com

Adams Diversified Equity Fund, Inc.

January 29, 2021 | seekingalpha.com

Adams Diversified Equity Fund, Inc. (ADX) CEO Mark Stoeckle on Q4 2020 Results - Earnings Call Transcript

January 21, 2021 | markets.businessinsider.com

Adams Diversified Equity Fund Announces 2020 Performance and January 27 Conference Call

December 14, 2020 | finance.yahoo.com

Adams Natural Resources Fund Initiates Share Repurchases Pursuant To Enhanced Discount Management And Liquidity Program

November 13, 2020 | seekingalpha.com

Adams Diversified Equity Fund declares $0.88 dividend

November 12, 2020 | finance.yahoo.com

Adams Natural Resources Fund Declares Year-End Distribution; Meets Its Annual 6% Minimum Distribution Rate Commitment

November 12, 2020 | finance.yahoo.com

Adams Diversified Equity Fund Declares Year-End Distribution; Exceeds Its Annual 6% Minimum Distribution Rate Commitment

November 9, 2020 | seekingalpha.com

ADX: Positive Returns, Looking Forward To A Year-End Special Dividend

September 8, 2020 | finance.yahoo.com

Adams Natural Resources Fund Announces Preliminary Tender Offer Results

August 2, 2020 | www.barrons.com

Adams Diversified Equity Fund Inc.

July 29, 2020 | finance.yahoo.com

Adams Natural Resources Fund Announces Tender Offer

July 14, 2020 | finance.yahoo.com

Adams Natural Resources Fund Board Of Directors Believes The New Bulldog-Ancora Tender Offer Is Not In Shareholders' Best Interests

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30 days | 90 days | 365 days | Advanced Chart

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ADX Company Calendar

Ex-Dividend for 6/1 Dividend: 5/17/2022
Dividend Payable: 6/01/2022
Ex-Dividend for 9/1 Dividend: 8/17/2022
Today: 8/18/2022
Dividend Payable: 9/01/2022
Next Earnings (Estimated): 10/19/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Investment offices, not elsewhere classified
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:ADX
CUSIP: N/A
CIK: 2230
Web: www.adamsexpress.com
Phone: (410) 752-5900
Fax: N/A
Employees: N/A
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: 110,990,000
Free Float: 110,774,000
Market Cap: $1.91 billion
Optionable: Not Optionable
Beta: 1.02

Key Executives

Mr. Mark E. Stoeckle (Age 65)
Pres, CEO, Sr. Portfolio Mang. & Director
Comp: $1.72M
Mr. Douglas Cotton Swindell (Age 58)
Exec. VP, Portfolio Mang. & Sr. Equity Analyst
Comp: $752.68k
Mr. James P. Haynie C.F.A. (Age 59)
CFA, Exec. VP & Sr. Portfolio Mang.
Comp: $1.1M
Mr. Brian S. Hook C.F.A. (Age 52)
CPA, CFA, CPA, VP, CFO & Treasurer
Ms. Janis F. Kerns (Age 58)
VP, Gen. Counsel, Sec. & Chief Compliance Officer
Ms. Lyn Walther
Director of Shareholder Communications
Mr. David R. Schiminger C.F.A. (Age 50)
CFA, VP of Research & Sr. Equity Analyst
Mr. Steven R. Crain CFA
VP of Research & Sr. Equity Analyst
Mr. Michael E. Rega C.F.A. (Age 62)
CFA, VP of Research and Sr. Equity Analyst
Mr. Jeffrey R. Schollaert C.F.A.
VP of Research

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ADX Stock - Frequently Asked Questions

How have ADX shares performed in 2022?: Adams Diversified Equity Fund's stock was trading at $19.41 at the start of the year. Since then, ADX shares have decreased by 10.9% and is now trading at $17.29.
View the best growth stocks for 2022 here.
When is Adams Diversified Equity Fund's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 19th 2022.
View our ADX earnings forecast.
How often does Adams Diversified Equity Fund pay dividends? What is the dividend yield for Adams Diversified Equity Fund?: Adams Diversified Equity Fund declared a quarterly dividend on Thursday, July 21st. Investors of record on Thursday, August 18th will be given a dividend of $0.05 per share on Thursday, September 1st. This represents a $0.20 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date is Wednesday, August 17th.
Read our dividend analysis for ADX.
Is Adams Diversified Equity Fund a good dividend stock?: Adams Diversified Equity Fund (NYSE:ADX) pays an annual dividend of $2.98 per share and currently has a dividend yield of 17.15%. 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.

What other stocks do shareholders of Adams Diversified Equity Fund own?: 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).
What is Adams Diversified Equity Fund's stock symbol?: Adams Diversified Equity Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "ADX."
Who are Adams Diversified Equity Fund's major shareholders?: Adams Diversified Equity Fund's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Lazard Asset Management LLC (3.32%), Blue Bell Private Wealth Management LLC (1.01%), Dubuque Bank & Trust Co. (0.59%), Shaker Financial Services LLC (0.39%), Bulldog Investors LLP (0.33%) and Waterfront Wealth Inc. (0.27%). Insiders that own company stock include Craig R Smith, Frederic A Escherich, Janis F Kerns, Lauriann C Kloppenburg, Mark E Stoeckle, Mary Chris Jammet and Tchacos Ian.
View institutional ownership trends.
How do I buy shares of Adams Diversified Equity Fund?: 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.
Compare Top Brokerages Here.
What is Adams Diversified Equity Fund's stock price today?: One share of ADX stock can currently be purchased for approximately $17.29.
How much money does Adams Diversified Equity Fund make?: Adams Diversified Equity Fund (NYSE:ADX) has a market capitalization of $1.92 billion.
How can I contact Adams Diversified Equity Fund?: 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.

This page (NYSE:ADX) was last updated on 8/18/2022 by MarketBeat.com Staff

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