Todays Report: Today, Adams Resources & Energy Inc. (AE) to Issue Quarterly Dividend of $0.22 on December 19th

Today, Adams Resources & Energy Inc. (AE) to Issue Quarterly Dividend of $0.22 on  December 19th

Adams Resources & Energy Inc. (NYSEMKT:AE) announced a quarterly dividend on Tuesday, November 8th. Shareholders of record on Monday, December 5th will be given a dividend of 0.22 per share on Monday, December 19th. This represents a $0.88 annualized dividend and a yield of 2.11%. The ex-dividend date is Thursday, December 1st.

Shares of Adams Resources & Energy (NYSEMKT:AE) opened at 41.65 on Friday. The stock’s market capitalization is $175.64 million. Adams Resources & Energy has a 1-year low of $29.64 and a 1-year high of $44.27. The firm’s 50-day moving average price is $38.13 and its 200 day moving average price is $36.69.

Adams Resources & Energy (NYSEMKT:AE) last released its quarterly earnings data on Tuesday, November 8th. The company reported ($0.51) EPS for the quarter. The business earned $256.88 million during the quarter, compared to the consensus estimate of $439.89 million. During the same quarter in the previous year, the business earned ($0.07) earnings per share.

Separately, TheStreet downgraded Adams Resources & Energy from a “hold” rating to a “sell” rating in a research note on Tuesday, November 8th.

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