09.12.2021 00:14

Adams Diversified Equity Fund Announces $19.14 Issue Price of Shares for Year-End Distribution Payable December 22, 2021

Folgen
Werbung

BALTIMORE, Dec. 8, 2021 /PRNewswire/ -- Adams Diversified Equity Fund, Inc. (NYSE: ADX) has determined that $19.14 per share is the issue price for the closed-end fund's year-end distribution to shareholders who have elected to receive all or a portion of the distribution in the form of stock. This price is the mean between the high and low sales prices of the Fund's stock on the New York Stock Exchange on December 8, 2021.

Adams Funds (PRNewsFoto/Adams Funds)

The shares of common stock will be issued in connection with payment of the $2.83 year-end distribution, consisting of $0.07 in net investment income and $2.76 in net realized capital gains. The year-end distribution is payable on December 22, 2021.

The Fund has committed to distributing each year an amount equal to at least 6% of the Fund's trailing 12-month average month-end market price. This year, the Fund is distributing an amount that results in a 15.7% annual distribution rate, far exceeding the 6% commitment. Please see the information posted on our website, adamsfunds.com, for more details concerning the annual 6% minimum distribution rate commitment.

The Fund has paid out capital gains to its shareholders for 57 consecutive years and has paid dividends for 86 consecutive years.

Since 1929, Adams Funds has consistently helped generations of investors reach their investment goals. Adams Funds is comprised of two closed-end funds, Adams Diversified Equity Fund, Inc. (NYSE: ADX) and Adams Natural Resources Fund, Inc. (NYSE: PEO). The Funds are actively managed by an experienced team with a disciplined approach and have paid dividends for more than 80 years across many market cycles. The Funds are committed to paying an annual distribution rate of 6% or more, providing reliable income to long-term investors. Shares can be purchased through our transfer agent or through a broker. For more information about Adams Funds, please visit: adamsfunds.com.

For further information please contact:
Shareholder Communications
800.638.2479
investorrelations@adamsfunds.com

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/adams-diversified-equity-fund-announces-19-14-issue-price-of-shares-for-year-end-distribution-payable-december-22--2021--301440749.html

SOURCE Adams Funds

Werbung
Werbung
Werbung
Werbung
Börse Stuttgart Anlegerclub
Werbung

Heute im Fokus

US-Börsen schließen sehr stark -- DAX geht deutlich schwächer ins Wochenende -- Henkel ordnet Consumer-Bereich neu -- Apple steigert Gewinn -- Just Eat, BMW, Robinhood, Visa, UniCredit im Fokus

Caterpillar schlägt Erwartungen. Home Depot ernennt Ted Decker zum CEO. Argentinien und IWF mit Durchbruch bei Schuldenverhandlungen. Vorlage von ADLER-Jahresabschluss verzögert. Porsche SE erweitert Vorstand. CHEPLAPHARM verschiebt Börsengang. Colgate-Palmolive mit Gewinnrückgang. Chevron vermeldet profitabelstes Jahr seit 2014.

Umfrage

Halten Sie es für richtig, dass die EZB an ihrer lockeren Geldpolitik festhält?

finanzen.net zero
finanzen.net zero

Oskar

ETF-Sparplan

Oskar ist der einfache und intelligente ETF-Sparplan. Er übernimmt die ETF-Auswahl, ist steuersmart, transparent und kostengünstig.
Zur klassischen Ansicht wechseln