Adams Resources & Energy, Inc. Announces Quarterly Dividend of $0.24 (NYSEAMERICAN:AE)


Share on StockTwits

Adams Resources & Energy, Inc. (NYSEAMERICAN:AE) announced a quarterly dividend on Monday, February 22nd, Wall Street Journal reports. Stockholders of record on Friday, March 5th will be paid a dividend of 0.24 per share by the energy company on Friday, March 19th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.43%. The ex-dividend date is Thursday, March 4th.

Adams Resources & Energy has increased its dividend by 9.1% over the last three years.

Shares of NYSEAMERICAN:AE opened at $28.00 on Tuesday. Adams Resources & Energy has a twelve month low of $15.16 and a twelve month high of $32.13. The firm has a market capitalization of $118.78 million, a price-to-earnings ratio of -53.85 and a beta of 1.22. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.73 and a current ratio of 1.91. The firm has a fifty day simple moving average of $26.81.

Separately, TheStreet upgraded Adams Resources & Energy from a “d+” rating to a “c-” rating in a research report on Monday, November 30th.

About Adams Resources & Energy

Adams Resources & Energy, Inc, through its subsidiaries, primarily engages in the marketing, transportation, and storage of crude oil in the United States. The company operates in two segments, Crude Oil Marketing, Transportation and Storage; and Tank Truck Transportation of Liquid Chemicals and Dry Bulk.

See Also: Is a Roth IRA right for you?

Dividend History for Adams Resources & Energy (NYSEAMERICAN:AE)

Receive News & Ratings for Adams Resources & Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Adams Resources & Energy and related companies with MarketBeat.com's FREE daily email newsletter.