ADAMS DIVERSIF.EQU.FD DL1

BALTIMORE, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Adams Diversified Equity Fund, Inc. (NYSE: ADX) has declared a distribution of $0.47 per share payable February 28, 2025 to shareholders of record on January 27, 2025, including $0.03 net investment income, $0.12 short-term capital gain, and $0.19 long-term capital gain realized in 2024 and $0.13 from 2025 sources. The full distribution is optionally payable in additional shares of common stock (default) or in cash by specific stockholder election received before 4 p.m. (ET) on February 14, 2025, the valuation date. The issue price for shares will be the Fund's closing NYSE market price on the valuation date.» Mehr auf globenewswire.com

BALTIMORE, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Adams Diversified Equity Fund, Inc. (NYSE: ADX) announces the Fund's investment returns for 2024. The total return on the Fund's net asset value for 2024 was 23.6%, with dividends and capital gains reinvested. The comparable figures for the S&P 500 Index and Morningstar U.S. Large Blend Category were 25.0% and 22.7%, respectively. The total return on the Fund's market price for the period was 28.1%.» Mehr auf globenewswire.com

Adams Diversified Equity Fund focuses on long-term capital appreciation and consistent income through a diversified portfolio of high-quality stocks. The fund is essentially comprised of constituents of the S&P 500, so the portfolio naturally leans heavily towards technology companies. The distribution policy has been updated and investors should be able to experience more consistent quarterly payouts. This increases the appeal for retired investors seeking consistent income.» Mehr auf seekingalpha.com