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Tuesday, 12/30/2014 7:05:27 PM

Tuesday, December 30, 2014 7:05:27 PM

Post# of 23979
ADX - for those seeking a long term history of div and distribution, you may want to look at these guys. Not without risk but seems like a decent high yielding CEF.

http://finance.yahoo.com/news/adams-express-fund-declares-end-175900769.html

Much of the over 8+++% div. dist. return is cap gains. Today's pricing was $13.77 close.

Interesting parking place with a fairly long history.

BALTIMORE, Nov. 13, 2014 /PRNewswire/ -- Adams Express (ADX) declared today a year-end distribution of $1.03 per share. The total distributions by the Fund for 2014 will be $1.18, including the distributions of $0.15 per share made prior to today's announcement. The annual distribution rate represented by these distributions is 8.8%.

The year-end distribution consists of the following:

$0.95 per share from net capital gains realized during 2014, comprised of $0.05 short-term and $0.90 long-term capital gain; and
$0.08 per share from 2014 net investment income.

This marks the 50th consecutive year that the Fund has paid out capital gains and the 79th consecutive year it has paid out dividends to its shareholders.

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