Dividend To Observe: The $0.05 mark is well within reach for Adams Diversified Equity Fund, Inc. (NYSE:ADX).

Dividend To Observe: The $0.05 mark is well within reach for Adams Diversified Equity Fund, Inc. (NYSE:ADX).

Adams Diversified Equity Fund, Inc. (NYSE:ADX) is expected to pay $0.05 on Dec 28, 2016. The indicated annual dividend is $0.18. Shareholders owning the stock before Nov 22, 2016 will be eligible to receive the payout. Based on Adams Diversified Equity Fund, Inc.’s current price of $13.17, the dividend is 0.38%. This dividend’s record date is Nov 25, 2016 and the announcement date is Nov 14, 2016. The stock increased 0.30% or $0.04 on November 18, hitting $13.17. Adams Diversified Equity Fund Inc (NYSE:ADX) has risen 2.25% since April 19, 2016 and is uptrending. It has underperformed by 1.61% the S&P500.

Adams Diversified Equity Fund, Inc. , formerly The Adams Express Company, is a diversified, closed-end equity investment company. The company has a market cap of $1.29 billion. The Fund’s investment objectives are preservation of capital, the attainment of reasonable income from investments and an opportunity for capital appreciation. It currently has negative earnings. The Fund invests approximately 80% of the Fund’s assets in equities, such as common stocks and securities convertible into common stocks.

Insitutional Activity: The institutional sentiment increased to 1.52 in 2016 Q2. Its up 0.46, from 1.06 in 2016Q1. The ratio improved, as 10 funds sold all Adams Diversified Equity Fund Inc shares owned while 22 reduced positions. 7 funds bought stakes while 27 increased positions. They now own 20.43 million shares or 6.29% less from 21.80 million shares in 2016Q1.
Da Davidson And last reported 0.02% of its portfolio in the stock. Commercial Bank Of America De accumulated 0% or 230,769 shares. Raymond James & Associate holds 0.03% of its portfolio in Adams Diversified Equity Fund Inc (NYSE:ADX) for 775,177 shares. Moreover, Us Financial Bank De has 0% invested in Adams Diversified Equity Fund Inc (NYSE:ADX) for 12,599 shares. Moreover, Wesbanco Bank & Trust Incorporated has 0.01% invested in Adams Diversified Equity Fund Inc (NYSE:ADX) for 18,823 shares. Zuckerman Investment Grp Inc Ltd reported 49,130 shares or 0.17% of all its holdings. The California-based Evanson Asset Mgmt Lc has invested 0.06% in Adams Diversified Equity Fund Inc (NYSE:ADX). Pnc Fincl Service Grp Incorporated has 0% invested in the company for 147,791 shares. Signaturefd Limited Liability holds 0% or 2,393 shares in its portfolio. Wolverine Asset Mgmt Ltd Limited Liability Company accumulated 457,669 shares or 0.09% of the stock. Rmb Capital Limited Liability Corporation owns 310,501 shares or 0.21% of their US portfolio. City Of London Mngmt Company Ltd owns 174,739 shares or 0.18% of their US portfolio. Concert Wealth Mngmt Incorporated, a California-based fund reported 13,177 shares. Blue Bell Private Wealth Ltd has invested 5.4% of its portfolio in Adams Diversified Equity Fund Inc (NYSE:ADX). Lazard Asset Limited Liability Corp holds 0.08% of its portfolio in Adams Diversified Equity Fund Inc (NYSE:ADX) for 2.86M shares.

Insider Transactions: Since July 27, 2016, the stock had 1 buy, and 2 selling transactions for $273,114 net activity. Another trade for 13,500 shares valued at $175,360 was made by Haynie James P. on Thursday, October 20. Stoeckle Mark E. also sold $272,488 worth of Adams Diversified Equity Fund Inc (NYSE:ADX) on Thursday, October 27.

ADX Company Profile

Adams Diversified Equity Fund, Inc., formerly The Adams Express Company, incorporated on February 10, 1976, is a diversified closed-end equity investment company. The Company’s holdings include Adams Natural Resources Fund, Microsoft Corp., General Electric Co., Pfizer Inc., PepsiCo, Inc., Oracle Corp., Procter & Gamble Co., Unilever plc, Genentech, Inc. and Exxon Mobil Corp.

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