Adams Express Declares Dividend
BALTIMORE, Jan. 10, 2013 /PRNewswire/ -- The Board of Directors of The Adams Express Company (NYSE: ADX) declared a dividend of $0.05 per share, payable March 1, 2013, to shareholders of record February 15, 2013, consisting of $0.03 net investment income, $0.01 short-term capital gain, and $0.01 long-term capital gain, all realized in 2012.
About Adams Express
The Adams Express Company is a diversified equity fund that has been has been trading on the New York Stock Exchange as a closed-end investment company since 1929. Internally-managed, the Baltimore-based Fund has paid dividends continuously since 1935.
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SOURCE The Adams Express Company