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Adams Diversified Equity Fund (Adams Diversified Equity Fund) 3-Year Dividend Growth Rate : 9.10% (As of Dec. 2023)


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What is Adams Diversified Equity Fund 3-Year Dividend Growth Rate?

Adams Diversified Equity Fund's Dividends per Share for the six months ended in Dec. 2023 was $1.20.

The historical rank and industry rank for Adams Diversified Equity Fund's 3-Year Dividend Growth Rate or its related term are showing as below:

ADX' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 9.1   Med: 63.9   Max: 138.4
Current: 9.1

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Adams Diversified Equity Fund was 138.40% per year. The lowest was 9.10% per year. And the median was 63.90% per year.

ADX's 3-Year Dividend Growth Rate is ranked better than
74.14% of 870 companies
in the Asset Management industry
Industry Median: 1.7 vs ADX: 9.10

During the past 12 months, Adams Diversified Equity Fund's average Dividends Per Share Growth Rate was 21.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 51.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Adams Diversified Equity Fund's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.66. As of today, Adams Diversified Equity Fund's Dividend Yield % is 6.74%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Adams Diversified Equity Fund's 3-Year Dividend Growth Rate

For the Asset Management subindustry, Adams Diversified Equity Fund's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Adams Diversified Equity Fund's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Adams Diversified Equity Fund's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Adams Diversified Equity Fund's 3-Year Dividend Growth Rate falls into.



Adams Diversified Equity Fund 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Adams Diversified Equity Fund  (NYSE:ADX) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Adams Diversified Equity Fund's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=1.2/ 1.815
=0.66

During the past 7 years, the highest Dividend Payout Ratio of Adams Diversified Equity Fund was 0.53. The lowest was 0.05. And the median was 0.28.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Adams Diversified Equity Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0500002024-02-082024-02-092024-03-01Cash DividendquarterlyUSD:USD 1.000000
USD 1.1500002023-11-172023-11-202023-12-20Cash DividendquarterlyUSD:USD 1.000000
USD 0.0500002023-08-172023-08-182023-09-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.0500002023-05-172023-05-182023-06-01Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Adams Diversified Equity Fund's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.3/19.28
=6.74 %

Current Share Price is $19.28.
Adams Diversified Equity Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.3.

During the past 7 years, the highest Dividend Yield of Adams Diversified Equity Fund was 20.51%. The lowest was 1.32%. And the median was 4.91%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Adams Diversified Equity Fund 3-Year Dividend Growth Rate Related Terms>


Adams Diversified Equity Fund (Adams Diversified Equity Fund) Business Description

Traded in Other Exchanges
N/A
Address
500 East Pratt Street, Suite 1300, Baltimore, MD, USA, 21202
Adams Diversified Equity Fund Inc is a diversified investment company. It is an internally-managed closed-end fund. The investment objectives of the company are the preservation of capital, the attainment of reasonable income from investments, and an opportunity for capital appreciation.
Executives
Mary Christine Gay director 3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Jane Musser Nelson director 100 FEDERAL STREET, 31ST FLOOR, BOSTON MA 02110
Frederic A Escherich director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Mark E. Stoeckle officer: CEO ADAMS FUNDS, 500 EAST PRATT ST., STE. 1300, BALTIMORE MD 21202
Janis F. Kerns officer: Gen Counsel,Corp Sec, CCO ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Lauriann C Kloppenburg director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Craig R Smith director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Kenneth James Dale director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Swindell Douglas Cotton officer: E.V.P. ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
James P. Haynie officer: President ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Roger W Gale director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Hooper Lawrence L Jr officer: VP, Sec'y & Gen'l Counsel 500 EAST PRATT STREET, STE 1300, BALTIMORE MD 21202
Prue Nancy J F officer: Executive Vice President 775 BRUSHWOOD COURT, MILLERSVILLE MD 21108
Douglas G Ober director, officer: Chairman & CEO 7 ST PAUL STREET, STE 1140, BALTIMORE MD 21202
Gregory Hazlett director C/O ABERDEEN ASSET MANAGEMENT INC, 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103