Adams Resources & Energy Inc (NYSEMKT:AE) declared a quarterly dividend on Tuesday, August 8th, RTT News reports. Shareholders of record on Wednesday, September 6th will be given a dividend of 0.22 per share by the energy company on Wednesday, September 20th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.54%. The ex-dividend date is Friday, September 1st.
Shares of Adams Resources & Energy (NYSEMKT:AE) traded up 0.90% during trading on Friday, hitting $34.70. The company had a trading volume of 3,441 shares. Adams Resources & Energy has a 1-year low of $31.53 and a 1-year high of $44.00. The firm’s market capitalization is $146.33 million. The company’s 50 day moving average is $39.39 and its 200 day moving average is $39.32.
An institutional investor recently raised its position in Adams Resources & Energy stock. State Street Corp increased its stake in shares of Adams Resources & Energy Inc (NYSEMKT:AE) by 6.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,912 shares of the energy company’s stock after buying an additional 2,644 shares during the period. State Street Corp owned 1.11% of Adams Resources & Energy worth $1,926,000 at the end of the most recent quarter.
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About Adams Resources & Energy
Adams Resources & Energy, Inc, along with its subsidiaries, is engaged in the business of crude oil marketing, tank truck transportation of liquid chemicals, and oil and gas exploration and production. The Company’s segments include Marketing Segment, Transportation Segment, and Oil and Gas Segment. The Company manages its Marketing Segment through its subsidiary, Gulfmark Energy, Inc, which is engaged in marketing of crude oil.
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