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Article: The Adams Express Company Announces Issue Price Of Shares For Year-End Distribution Payable December 27, 2004.
- Article from:
- PR Newswire
- Article date:
- December 13, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The price at which The Adams Express Company common stock will be issued in payment of the $0.11 income dividend and $0.64 capital gain distribution to stockholders who have elected to receive the distributions in stock, payable December 27, 2004, is $13.00 per share. This price is the mean between today's high and low sales prices of the Company's stock on the New York Stock Exchange.
The Adams Express Company is a Baltimore-based closed-end investment company. It is traded on the New York Stock Exchange and Pacific ...