Adams Diversified Equity Fund declares USD 0.5 per share distribution
ADX•Distribution declared and payment details
Adams Diversified Equity Fund declared a USD 0.50 per-share distribution, payable Aug. 28 to holders of record July 27.
Payment defaults to stock, with an option to elect cash by Aug. 14. The stock payout will be priced at the lower of the NYSE close or NAV on Aug. 14, floored at 95% of the NYSE close.
Estimated composition and year-to-date distributions
The estimated composition of the distribution is:
- USD 0.03 net investment income
- USD 0.47 net realized long-term gains
Total distributions year-to-date are USD 1.45 per share, mostly long-term gains.
