Adams Natural Resources Fund, Inc. (NYSE:PEO) is expected to pay $0.16 on Dec 23, 2016. The indicated annual dividend is $0.41. Shareholders owning the stock before Nov 22, 2016 will be eligible to receive the payout. Based on Adams Natural Resources Fund, Inc.’s current price of $19.87, the dividend is 0.81%. This dividend’s record date is Nov 25, 2016 and the announcement date is Nov 14, 2016. The stock increased 0.72% or $0.14 on November 18, hitting $19.87. Adams Natural Resources Fund Inc (NYSE:PEO) has risen 4.53% since April 19, 2016 and is uptrending. It has outperformed by 0.67% the S&P500.
Adams Natural Resources Fund, Inc., formerly known as Petroleum & Resources Corporation, is a non-diversified closed-end investment company. The company has a market cap of $571.09 million. The investment objectives of the Fund are preservation of capital, the attainment of reasonable income from investments and an opportunity for capital appreciation. It currently has negative earnings. The Fund specializes in energy and other natural resources stocks.
PEO Company Profile
Adams Natural Resources Fund, Inc., formerly Petroleum & Resources Corporation, incorporated on Feb 4, 1977, is an equity investment fund for investors in energy and natural resources sector in a conservatively-managed fund. The Fund is an internally-managed closed-end fund specializing in petroleum and other natural resource investments. The investment objectives of the Fund are preservation of capital, the attainment of reasonable income from investments, and an opportunity for capital appreciation. The Firm has annual distribution rate of at least 6%. The Firm invests in a variety of basic materials, including coal, precious and industrial metals, aggregates, and chemicals, as these have investment characteristics.
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