Adams Natural Resources Fund, Inc. (NYSE:PEO) VP Janis F. Kerns bought 1,504 shares of the stock in a transaction that occurred on Thursday, April 29th. The stock was acquired at an average cost of $15.40 per share, for a total transaction of $23,161.60. Following the purchase, the vice president now owns 1,996 shares of the company’s stock, valued at $30,738.40. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink.
NYSE PEO opened at $15.58 on Tuesday. The company’s 50-day simple moving average is $14.78 and its 200 day simple moving average is $12.66. Adams Natural Resources Fund, Inc. has a twelve month low of $9.04 and a twelve month high of $15.63.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 1st. Shareholders of record on Tuesday, May 18th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Monday, May 17th. This represents a $0.40 annualized dividend and a yield of 2.57%.
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. 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.
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