Adams Resources & Energy, Inc. (AMEX:AE) will begin trading ex-dividend on December 3, 2020. The quarterly dividend payment of $ 0.24 per share is scheduled to be paid on December 18, 2020. The dividend yield based on the latest trading day closing price was 3.69 percent. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date of December 3, 2020.
Dividends History
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Adams Resources & Energy, Inc. recently reported third quarter financial results on November 5, 2020, after market close, the Houston based company unwinded income for the third quarter of $ 0.60 per share, from the revenue of $ 266.90 million. The quarterly earnings expanded 57.89 percent while revenues contracted 40.73 percent compared with the same quarter last year.
Stock Performance
Shares of Adams Resources & Energy, Inc. traded low $ -0.49 or -1.85 percent on Tuesday, reaching $ 26.01 with volume of 5.50 thousand shares. Adams Resources & Energy, Inc. has traded high as $ 26.49 and has cracked $ 26.01 on the downward trend
According to the previous trading day, closing price of $ 26.01, representing a 74.80 % increase from the 52 week low of $ 15.16 and a 33.25 % decrease over the 52 week high of $ 39.70.
The company has a market capital of $ 110.34 million and is part of the Energy sector and Oil & Gas Integrated industry.
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. The Crude Oil Marketing, Transportation and Storage segment purchases crude oil, and arranges sales and deliveries to refiners and other customers primarily onshore in Texas, Oklahoma, North Dakota, Michigan, and Louisiana.