Adams Diversified Equity Fund, Inc. Declares Year-End Distribution, Payable on December 26, 2018
November 15, 2018 at 04:24 pm EST
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Adams Diversified Equity Fund, Inc. declared a year-end distribution of $1.85 per share. The total distributions by the fund for 2018 will be $2.00, including the distributions of $0.15 per share made prior to the announcement. The annual distribution rate represented by these distributions is 12.9%. The year-end distribution consists of $0.07 per share from 2018 net investment income and $1.78 per share from net capital gains realized during 2018, all of which was long-term gain. The payable date for the distribution is December 26, 2018, the record date is November 26, 2018, and the ex-dividend date is November 23, 2018. The year-end distribution is payable in stock and/or cash at the option of each shareholder.
Adams Diversified Equity Fund, Inc. (the Fund) is a diversified, closed-end investment company. The Fund is an internally managed fund whose investment objectives are preservation of capital, the attainment of reasonable income from investments, and an opportunity for capital appreciation. The Fund is an internally managed large-cap United States equity fund. The Fund invests at least 80% of its assets in highly liquid Standard and Poor's 500 (S&P 500) stocks. The Fund may invest up to 20% of assets in commodities (other than physical commodities), including swaps. The Fund invests in various sectors, such as communication services, consumer discretionary, consumer staples, energy, financials, health care, industrials, real estate, utilities, and information technology (IT).
ADAMS DIVERSIFIED EQUITY FUND, INC. 
