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The Adams Express Company (NYSE: ADX) is a publicly-traded diversified equity fund. The Company uses a conservative investment philosophy and the portfolio is managed with the expectation that it will generate solid returns with lower-than-market risk for long-term investors. Investments are made with an eye towards protecting your original investment and generating dividends and capital gains that can be used as a source of income or reinvested to increase your holdings in the Fund.

One of the oldest companies listed on the New York Stock Exchange, Adams Express has been structured as a closed-end fund since 1929. The Company has paid dividends continuously since 1935.

In September 2011, the Board of Directors committed that the Company will annually distribute to stockholders 6% of the Company’s trailing 12-month average month end market price.  This means Adams Express stockholders can count on receiving a 6% annual distribution, or more, for the foreseeable future in both up and down markets.  The Board of Directors and the Fund's management team have taken this action to demonstrate our commitment to providing our stockholders with consistent, predictable distributions for years to come.  Adams Express has made distributions every year for over 75 years.  For more information, please click on annual minimum 6% distribution rate.

Adams Express Declares Dividend and Announces First Quarter Performance

Apr11
Adams Express Declares Dividend and Announces First Quarter Performance

Brian S. Hook Elected Vice President of Adams Express and Petroleum & Resources

Mar20
Brian S. Hook Elected Vice President of Adams Express and Petroleum & Resources

Kathleen T. McGahran Selected Board Chairperson for Adams Express and Petroleum & Resources

Mar20
Kathleen T. McGahran Selected Board Chairperson for Adams Express and Petroleum & Resources

Adams Express Releases Q1 2013 Financial Report

Apr19
Adams Express Releases Q1 2013 Financial Report

The Adams Express Company Annual Meeting

Mar19
The Adams Express Company Annual Meeting

Adams Express Releases Annual Report & Proxy Statement

Feb26
Adams Express Releases Annual Report & Proxy Statement

"The Company's 78-year history of paying dividends stands out, as does its commitment to an annual minimum 6% distribution rate."
Mark Stoeckle, CEO

Stock and Distribution

Nav & Stock Price Per Share
Net Asset Value: $14.27
Closing Price:

$12.36

Discount: -13.4%

This is the closing price from the NYSE on 5/21/2013.

annual DISTRIBUTION Rate
2012 6.3%
5-Year Average 5.7%

The annual distribution rate is the total dividends and capital gain distributions during the year divided by the average month-end market price of the Fund's Common Stock for the calendar year in years prior to 2011 and for the 12 months ended October 31 in 2011 and later.

As of September 8, 2011, the Fund committed to an annual distribution rate of at least 6%.