adams diversified equity fun (ADX) Key Developments
Adams Diversified Equity Fund, Inc. Declares Interim Dividend Payable on June 1, 2015
Apr 17 15
The Board of Directors of Adams Diversified Equity Fund, Inc. declared an interim dividend of $0.05 per share, payable June 1, 2015, to shareholders of record May 13, 2015. This dividend represents the second payment this year toward the Fund's annual 6% minimum distribution rate commitment.
Adams Diversified Equity Fund, Inc. to Report Q1, 2015 Results on Apr 24, 2015
Apr 17 15
Adams Diversified Equity Fund, Inc. announced that they will report Q1, 2015 results at 9:28 PM, GMT Standard Time on Apr 24, 2015
The Adams Express Company will Change its Name to Adams Diversified Equity Fund
Mar 20 15
Effective March 31, 2015, The Adams Express Company will change its name to Adams Diversified Equity Fund.
Adams Express Fund Announces Executive Changes
Jan 21 15
The Board of Directors of The Adams Express Company elected Mark E. Stoeckle, Chief Executive Officer, to the additional position of President, succeeding James P. Haynie, who was elected President of Petroleum & Resources Corporation, Adams Express's non-controlled affiliate. Mr. Haynie will continue to serve Adams Express as an Executive Vice President and member of the Fund's portfolio management team. In addition, D. Cotton Swindell has been elected an Executive Vice President of the Fund. He will join Mr. Stoeckle and Mr. Haynie on the portfolio management team. Nancy J. F. Prue, Executive Vice President, will be leaving the portfolio management team to assume the new role of Executive Vice President, Director of Shareholder Communications. Mr. Swindell was Vice President-Research prior to becoming Executive Vice President and will continue to follow the industrials sector in his new position. He joined Adams Express in 2002 as a research analyst covering the industrials sector. He was promoted to Vice President-Research in 2004, covering the financials and industrials sectors. Prior to joining Adams Express, he was a securities analyst with Wachovia Securities and with Alex. Ms. Prue will become Executive Vice President, Director of Shareholder Communications for both Adams Express and Petroleum & Resources. In this newly-formed role, she will report directly to Mr. Stoeckle.
The Adams Express Company Declares Dividend, Payable on March 2, 2015
Jan 9 15
The Adams Express Company's board of directors authorised a dividend of USD 0.05 per share. This dividend is comprised of USD 0.02 net investment income, USD 0.01 short-term capital gain and USD 0.01 long-term capital gain, all realized in 2014, along with USD 0.01 net investment income realized in 2015. Shareholders of record on 12 February 2015 will be receive the dividend payment on 2 March 2015.