Adams Diversified Equity Fund, Inc. ADX Declares Distribution of $.44 per Share

The Board of Directors of Adams Diversified Equity Fund, Inc. ADX recently announced a distribution of $.44 per share, payable on August 30, 2024, in newly issued shares unless shareholders choose to receive cash. This distribution reflects the Fund’s Managed Distribution Policy, aiming to pay at least 2% of the average net asset value each quarter. The total return on the Fund’s net asset value for the first half of 2024 was 15.8%, while the market price of the Fund’s shares showed a total return of 22.0% during the same period. Additionally, for the twelve months ended June 30th, the total return on the net asset value of Adams Diversified Equity Fund was 27.5%.

Adams Diversified Equity Fund, Inc. ADX, established in 1929, has been consistent in helping investors achieve their financial objectives. The Fund, along with Adams Natural Resources Fund, Inc. PEO, is actively managed by an experienced team following a disciplined approach. With a history of over 85 years in paying dividends across various market conditions, the Funds are dedicated to offering a minimum annual distribution rate of 8% of NAV or more, providing reliable income to long-term investors. Shares of the Funds can be acquired through the transfer agent or a broker. The Semi-Annual Report to Shareholders is anticipated to be accessible around July 24, 2024.

Investors seeking further details about Adams Funds and the recent distribution declaration can visit adamsfunds.com or get in touch via email or phone at 800.638.2479. This news reflects positivity surrounding the performance of the Fund and its commitment to providing value to its shareholders.