Trending...
- $317M Revenue and a Clear Path to $1B: $IQST is Positioned for a Major Profitability Inflection
- Training Lofts Launches $1,099 Unlimited Training Membership Featuring Semi-Private Coaching, Nutrition Support, and Recovery Services
- Maryland: NEWS RELEASE: Preliminary Testing Confirms Highly Pathogenic Avian Influenza in Cecil County
BALTIMORE, Feb. 13, 2020 /PRNewswire/ -- Adams Natural Resources Fund, Inc. (NYSE: PEO) has updated the composition of its $0.10 per share first quarter distribution. The total distribution amount of $0.10 per share is unchanged.
On January 16, 2020, Adams Natural Resources Fund announced that the $0.10 per share distribution consisted of $0.03 net investment income and $0.01 long-term capital gain, both realized in 2019, and $0.06 net investment income realized in 2020. The Fund has revised the $0.10 distribution to consist of $0.03 net investment income, $0.03 long-term capital gain, both realized in 2019, and $0.04 net investment income realized in 2020. The distribution is payable February 28, 2020 to shareholders of record February 14, 2020. This revision has no impact on the 1099 tax forms for 2019 recently distributed to shareholders.
###
More on Marylandian
About Adams Funds
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.
Contact:
Lyn Walther
Director of Shareholder Communications
410.752.5900
investorrelations@adamsfunds.com
SOURCE Adams Funds
On January 16, 2020, Adams Natural Resources Fund announced that the $0.10 per share distribution consisted of $0.03 net investment income and $0.01 long-term capital gain, both realized in 2019, and $0.06 net investment income realized in 2020. The Fund has revised the $0.10 distribution to consist of $0.03 net investment income, $0.03 long-term capital gain, both realized in 2019, and $0.04 net investment income realized in 2020. The distribution is payable February 28, 2020 to shareholders of record February 14, 2020. This revision has no impact on the 1099 tax forms for 2019 recently distributed to shareholders.
| Previous | Current | |
| Net investment income, realized in 2019 | $0.03 | $0.03 |
| Long-term capital gain, realized in 2019 | $0.01 | $0.03 |
| Net investment income, realized in 2020 | $0.06 | $0.04 |
| Total distribution | $0.10 | $0.10 |
###
More on Marylandian
- High-Growth Power Infrastructure Play Targets AI Boom: 1606 Corp. Executes Aggressive Texas Expansion Strategy: 1606 Corp. (Stock Symbol: CBDW) $CBDW
- Accelerating the Transformation into a U.S. Nuclear Fuel Cycle Leader: Frontier Nuclear and Minerals Inc. (N A S D A Q: FNUC)
- Ozz Metals Ltd Secures 1-Tonne Gold Offtake Agreement
- Jet Set: The Ultimate Coachella Afterparty
- Heritage at Manalapan Introduces New Single-Family Home Community in One of Monmouth County's Most Desirable Locations
About Adams Funds
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.
Contact:
Lyn Walther
Director of Shareholder Communications
410.752.5900
investorrelations@adamsfunds.com
SOURCE Adams Funds
Filed Under: Business
0 Comments
Latest on Marylandian
- Maryland: NEWS RELEASE: Caroline County Control Area Released
- Maryland Agricultural Fair Board Meeting Notice
- Scoop Social Co. Launches a New Era of Mobile Hospitality — One Truck, Two Experiences
- ADS and Gamma Scientific Release Joint White Paper on Practical Path to NHTSA ADB Compliance
- Record Sales Growth After Strategic Acquisitions; New Distribution Agreements for Established Premium Cigar Supplier: Green Leaf Innovations $GRLF
- R2 Copilot Addresses Critical Privacy Issues as Enterprise AI Spending and Security Incidents Rise
- Innovative Environmental Technologies Unveils New Website Featuring Free AI Tools for the Environmental Industry
- CCHR Warns: Psychiatric Diagnoses Without Biological Proof Now Used to Justify Euthanasia
- Michelle Carey Unveils High-Stakes Thriller "Haze" Set for Global Release March 25
- Impact Filtration Appoints Alejandro Sturniolo as Head of Sustainability to Engineer High-Performance, Water-Positive Infrastructure
- Shorts Now Accepted for the 10th Annual 'ILICAFF' at Film Freeway
- 106 Years Strong: The Liberty Group Celebrates a Century-Plus of Service and Unveils a Unified Family of Companies
- Airport Transportation Reaches All Five Continents Through Global Transportation Partner Network
- Acquisition of Israeli Defense Manufacturing Platform to Accelerate AI-Driven Autonomous Systems: VisionWave Holdings, Inc.: (N A S D A Q: VWAV)
- HRC Fertility to Celebrate Grand Opening of New Beverly Hills Location During National Infertility Awareness Week
- AktieGo Publishes Editorial Feature Examining Decentralized Power Infrastructure and Hydrogen Energy Deployment
- Greg Wier Announces the Release of More Than Just Luck
- Nieuwe standaard in webdesign: Professionele website laten maken voor het MKB vanaf €249 door Websitepioniers
- Conexwest: Shipping Containers Are Powering the Next Generation of Bitcoin Mining Infrastructure
- Yonelle Moore Lee Declares Candidacy for Maryland Delegate, District 27A