Adams Natural Resources Fund, Inc. (PEO) To Go Ex-Dividend on November 21st

Adams Natural Resources Fund, Inc. (NYSE:PEO) declared a quarterly dividend on Thursday, November 13th. Stockholders of record on Friday, November 21st will be paid a dividend of 0.49 per share by the financial services provider on Friday, December 19th. This represents a c) annualized dividend and a dividend yield of 8.9%. The ex-dividend date is Friday, November 21st.

Adams Natural Resources Fund Trading Up 0.9%

Shares of NYSE:PEO opened at $22.13 on Wednesday. The company has a 50 day moving average of $21.56 and a 200-day moving average of $21.33. Adams Natural Resources Fund has a one year low of $18.34 and a one year high of $24.79.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Burney Co. acquired a new position in Adams Natural Resources Fund in the first quarter valued at about $632,000. Kovack Advisors Inc. grew its holdings in Adams Natural Resources Fund by 9.2% during the first quarter. Kovack Advisors Inc. now owns 24,842 shares of the financial services provider’s stock valued at $567,000 after purchasing an additional 2,102 shares during the period. Cetera Investment Advisers increased its stake in Adams Natural Resources Fund by 23.1% in the first quarter. Cetera Investment Advisers now owns 25,598 shares of the financial services provider’s stock valued at $584,000 after purchasing an additional 4,802 shares in the last quarter. Wolverine Asset Management LLC bought a new position in shares of Adams Natural Resources Fund during the first quarter worth $1,165,000. Finally, FCA Corp TX increased its position in shares of Adams Natural Resources Fund by 1.7% in the 1st quarter. FCA Corp TX now owns 114,773 shares of the financial services provider’s stock valued at $2,618,000 after buying an additional 1,876 shares in the last quarter. 33.54% of the stock is currently owned by institutional investors.

About Adams Natural Resources Fund

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.