Adams Natural Resources Fund, Inc. (NYSE:PEO) Announces Dividend Increase - $0.52 Per Share
Adams Natural Resources Fund, Inc. (NYSE:PEO) has announced a quarterly dividend increase to $0.52 per share, up 6.1% from its previous $0.49. Shareholders of record on April 27th will receive the dividend on May 27th, representing an 8.1% yield. The stock traded down on Friday to $25.66, and institutional investors have recently adjusted their holdings in the fund.