Adams Diversified Equity Fund, Inc. (ADX)

NYSE: ADX · Real-Time Price · USD
21.57
-0.07 (-0.32%)
Oct 10, 2024, 3:59 PM EDT - Market closed
-0.32%
Market Value 2.41B
Revenue (ttm) 34.76M
Net Income (ttm) 625.50M
Shares Out 111.65M
EPS (ttm) 5.04
PE Ratio 4.29
Forward PE n/a
Dividend $1.69 (7.84%)
Ex-Dividend Date Aug 5, 2024
Volume 106,304
Open 21.60
Previous Close 21.64
Day's Range 21.50 - 21.63
52-Week Range 15.81 - 22.49
Beta 0.94
Analysts n/a
Price Target n/a
Earnings Date n/a

About ADX

Adams Diversified Equity Fund, Inc. is a publicly owned investment manager. It primarily provides its services to investment companies. The firm is a large advisory firm The firm is actively engaged in businesses, including commodity pool operator or commodity trading advisor. The firm launches equity. NA The firm employs combination of fundamental, technical, quantitative modelling, and macro-economic analysis to make its investment. The firm conduct external research to make its investment. The firm was formerly known as The Adams Express Com... [Read more]

Sector Financials
Founded 1840
Employees 30
Stock Exchange NYSE
Ticker Symbol ADX
Full Company Profile

News

2 Picks For High-Yield Investors Who Seek Growth-Like Exposure

Income investors often favor value investments like midstream infrastructure, equity REITs, and blue-chip cash cows for yields between 5% to 8%. Long-term alpha-like returns are unlikely with these as...

Other symbols: IWMJEPISPY
3 days ago - Seeking Alpha

5 Best CEFs This Month For 9% Plus Yield (September 2024)

For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, ...

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11 days ago - Seeking Alpha

Seeking +8% Yields In A Lower Rate Environment

Using diversified funds to gain wide exposure and strong income can be a winning income strategy. One of our picks gives exposure to REITs which are primed to strongly benefit from rate cuts. The othe...

Other symbols: AWP
15 days ago - Seeking Alpha

ADX: 6% Yield That Works In Few Situations

The Adams Diversified Equity Fund has been operating since 1929, offering consistent distributions with a current yield of 6.28%. ADX has historically delivered returns in line with or exceeding the S...

21 days ago - Seeking Alpha

9 Closed-End Fund Buys In The Month Of August 2024

The broader equity market saw declines in early August but ended near all-time highs to finish off the month. I put some capital to work this month at the low, but not as much as I had planned initial...

25 days ago - Seeking Alpha

Stress And Work Kills, Dividends Provide

Workplaces and stress related to them are a top 5 causes of death in the U.S.; dividends have caused zero fatalities. We look at how dividends can provide for you and your loved ones, without trading ...

Other symbols: KORVTUSA
4 weeks ago - Seeking Alpha

These Incredible 10% Dividends Make Money 95% Of The Time

When it comes to investing, there are two critical “bedrocks” we need to keep in mind. Everything else builds out from there.

4 weeks ago - Forbes

This 1-Click Move Gets You 8% Dividends From Everyday Stocks

Just a week ago, I wrote to you about the dangers of investing in a tired investor go-to called the 60/40 portfolio.

5 weeks ago - Forbes

5 Best CEFs This Month For Nearly 9% Yield (August 2024)

For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, ...

Other symbols: BANXETYMPVPEO
6 weeks ago - Seeking Alpha

Adams Diversified Equity Fund Announces $21.29 Issue Price of Shares and Sources of Distribution for Third Quarter Distribution Payable August 30, 2024

BALTIMORE, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Adams Diversified Equity Fund, Inc. (NYSE: ADX) has determined that $21.29 per share is the issue price for the Fund's third quarter distribution to shareh...

6 weeks ago - GlobeNewsWire

My Top 10 Closed-End Fund Holdings: August 2024

Closed-end funds overall have seen discounts narrow since the start of the year, but opportunities still exist in certain areas of the market. With increased market volatility more recently, that may ...

Other symbols: ASGIBDJBMEETGFLCHTDNUW
7 weeks ago - Seeking Alpha

4 Closed-End Fund Buys In The Month Of July 2024

Every month, I add or initiate new positions in my closed-end fund portfolio. This creates a snowball of growing monthly cash flow over time. With the market continuing to perform well at/near all-tim...

Other symbols: ASGIBSTNXG
2 months ago - Seeking Alpha

Adams Diversified Equity Fund Announces Final Tender Offer Results

BALTIMORE, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Adams Diversified Equity Fund, Inc. (NYSE: ADX) announced today the final results of its offer to purchase up to 12,405,174 of its common shares at $22.47,...

2 months ago - GlobeNewsWire

Adams Diversified Equity Fund Announces Tender Offer Results

BALTIMORE, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Adams Diversified Equity Fund, Inc. (NYSE: ADX) announced today the final results of its offer to purchase up to 12,405,174 of its common shares at $22.47,...

2 months ago - GlobeNewsWire

Adams Diversified Equity Fund Announces Preliminary Tender Offer Results

BALTIMORE, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Adams Diversified Equity Fund, Inc. (NYSE: ADX) announced today the preliminary results of its offer to purchase up to 12,405,174 of its common shares at $...

2 months ago - GlobeNewsWire

How These 8.3% CEFs Soared Double Digits

We're a little more than halfway through the year now, so it's a great time to check the state of play on our favorite high-yield plays: 8%+ paying closed-end funds (CEFs).

Other symbols: CETGAM
2 months ago - Forbes

5 Best CEFs This Month For Nearly 9% Yield (July 2024)

For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, ...

2 months ago - Seeking Alpha

Adams Diversified Equity Fund Declares Distribution and Announces First Half Performance

BALTIMORE, July 18, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Adams Diversified Equity Fund, Inc. (NYSE: ADX) today declared a distribution of $.44 per share, payable August 30, 2024 in newly...

2 months ago - GlobeNewsWire

ADX: Big 8% Yield, Big Discount To NAV (Tender Offer)

The Adams Diversified Equity Fund just increased its annual distribution yield to 8%, plus it trades at a large discount to NAV (attractive). It also just initiated a tender offer (at 98% of NAV) desi...

3 months ago - Seeking Alpha

5 Closed-End Fund Buys (And 2 Sells) In The Month Of June 2024

June was another month where we saw broader equities hitting new all-time highs. However, that participation was rather narrow as the mega-cap tech names led the way higher. This last month, I added t...

Other symbols: ASGIEICFLCNUW
3 months ago - Seeking Alpha

Adams Diversified Equity Fund Announces Commencement of Tender Offer

BALTIMORE, July 05, 2024 (GLOBE NEWSWIRE) -- Adams Diversified Equity Fund, Inc. (NYSE: ADX) announced today the commencement of the Fund's previously announced tender offer to acquire in exchange for...

3 months ago - GlobeNewsWire

U.S. Court of Appeals for the Second Circuit Reaffirms Ruling That Certain Closed-End Funds, Including Funds Advised by BlackRock, Violated the Investment Company Act of 1940

NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, “Saba” or “we”) today commented on the outcome of the appeal brought in the United States Court of Ap...

3 months ago - Business Wire

ADX: Opportunity Exists

Adams Diversified Equity Fund has seen its discount narrow after announcing an increase in its managed distribution policy and tender offer. ADX's new distribution policy should offer investors a more...

4 months ago - Seeking Alpha

4 Closed-End Fund Buys In The Month Of May 2024

The overall broader indexes were heading higher after April's rather brief and shallow pullback. There was a bit more volatility toward the end of the month, which will be interesting to see if that d...

4 months ago - Seeking Alpha

ADX: 6-8% Income, Good Discount, And Solid Past Performance

Adams Diversified Equity Fund is a closed-end fund that invests in a diversified pool of equities of large-cap U.S. listed stocks. ADX uses near-zero leverage, which can be beneficial in a down market...

4 months ago - Seeking Alpha