Adams Diversified Equity Fund Declares Year-End Distribution
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Adams Diversified Equity Fund, Inc. (NYSE: ADX) has declared a year-end distribution of $1.96 per share, bringing the total 2024 distributions to $2.50 per share. This results in an annual distribution rate of 10.9%.
November 14, 2024 | 10:45 pm
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Adams Diversified Equity Fund declared a year-end distribution of $1.96 per share, totaling $2.50 per share for 2024, with an annual distribution rate of 10.9%.
The announcement of a significant year-end distribution is likely to positively impact ADX's stock price in the short term as it reflects strong returns to shareholders. The high annual distribution rate of 10.9% is attractive to income-focused investors.
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IMPORTANCE 80
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