Adams Diversified Equity Fund Declares Distribution

Rhea-AI Summary

Adams Diversified Equity Fund (NYSE: ADX) has announced a distribution of $0.46 per share, payable on May 30, 2025, to shareholders of record as of April 28, 2025. The distribution can be received in additional common stock shares (default option) or cash, with elections due by May 16, 2025.

The distribution breakdown includes:

• 11% ($0.05) from Net Investment Income
• 89% ($0.41) from Net Realized Long-Term Gains

Key performance metrics as of March 31, 2025 show:

• 5-year Average Annual Total Return on NAV: 18.7%
• Annualized Current Distribution Rate: 8.6%
• Cumulative Total Return on NAV (fiscal year): -3.9%
• Cumulative Fiscal Year Distribution Rate: 4.4%

BALTIMORE, April 21, 2025 (GLOBE NEWSWIRE) -- On April 17, 2025, Adams Diversified Equity Fund, Inc. (NYSE: ADX) declared a distribution of $0.46 per share payable May 30, 2025 to shareholders of record on April 28, 2025. The 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 May 16, 2025, the valuation date. The issue price for shares will be the Fund’s closing NYSE market price on the valuation date.

The Fund’s estimated sources for the distribution to be paid on May 30, 2025 and for all distributions declared in 2025 to date are as follows:

Payment Date	Distribution per Share		Net Investment Income	Net Realized Short-Term Gains	Net Realized Long-Term Gains	Return of Capital
May 30, 2025	$0.46		$0.05 (11%)	$0.00 (0%)	$0.41 (89%)	$0.00 (0%)
Total YTD 2025	$0.93		$0.11 (12%)	$0.12 (13%)	$0.70 (75%)	$0.00 (0%)

Fund Performance and Distribution Rate Information:

Average Annual Total Return on NAV for the 5-year period ended on March 31, 20251	Annualized Current Distribution Rate (expressed as a percentage of NAV as of March 31, 2025)2	Cumulative Total Return on NAV for the fiscal year through March 31, 20251	Cumulative Fiscal Year Distribution Rate (expressed as a percentage of NAV as of March 31, 2025)3
18.7%	8.6%	-3.9%	4.4%

¹   Total return is calculated assuming a purchase of a Fund share at the beginning of the period and a sale on the last day of the period at reported net asset value per share, excluding any brokerage commissions. Distributions are assumed to be reinvested at the lower of the net asset value per share or the closing NYSE market price on the distribution’s valuation date for those receiving shares for the distribution. For periods greater than one year, returns are presented on an annualized basis.

²   The Annualized Current Distribution Rate is the current quarter’s distribution rate per share annualized and expressed as a percentage of the Fund’s NAV per share as of March 31, 2025.

³   The Cumulative Fiscal Year Distribution Rate is the distributions per share declared for the current fiscal year expressed as a percentage of the Fund’s NAV per share as of March 31, 2025.

You should not draw any conclusions about the Fund's investment performance from the amount of the current distribution or from the terms of the Fund's Distribution Policy. The amounts and sources of distributions reported herein are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

About Adams Funds

Since 1929, Adams Funds has consistently helped generations of investors reach their investment goals. Adams Funds is comprised of two closed-end funds, Adams Diversified Equity Fund, Inc. (NYSE: ADX) and Adams Natural Resources Fund, Inc. (NYSE: PEO). The Funds are actively managed by an experienced team with a disciplined approach and have paid dividends for more than 90 years across many market cycles. The Funds are committed to paying a minimum annual distribution rate of 8% of NAV paid evenly each quarter throughout the year, providing reliability for long-term shareholders. A portion of any distribution may be treated as paid from sources other than net income, including but not limited to short-term capital gain, long-term capital gain, and return of capital. The final determination of the source of all distributions for tax reporting purposes in a calendar year, including the percentage of qualified dividend income, will be made after year-end. Shares can be purchased through our transfer agent or through a broker. For more information about Adams Funds, please visit: adamsfunds.com.

For further information: adamsfunds.com/about/contact │800.638.2479

FAQ

What is the latest dividend distribution amount for Adams Diversified Equity Fund (ADX)?

ADX declared a distribution of $0.46 per share, payable on May 30, 2025, to shareholders of record as of April 28, 2025.

How can shareholders receive their ADX distribution payment for May 2025?

Shareholders can receive the distribution either in additional common stock shares (default) or in cash by making a specific election before 4 p.m. ET on May 16, 2025.

What is ADX's 5-year performance and current distribution rate as of March 2025?

ADX achieved an 18.7% average annual total return on NAV for the 5-year period, with an annualized current distribution rate of 8.6% as of March 31, 2025.

What are the sources of ADX's May 2025 distribution payment?

The $0.46 distribution comprises 11% ($0.05) from Net Investment Income and 89% ($0.41) from Net Realized Long-Term Gains.

What is ADX's total distribution amount for YTD 2025?

ADX's total year-to-date distribution for 2025 is $0.93 per share, consisting of Net Investment Income (12%), Net Realized Short-Term Gains (13%), and Net Realized Long-Term Gains (75%).