Adams pure assets fund EVP Gregory Buckley buys shares price $33,785

Gregory W. Buckley, Govt Vice President of Adams Pure Sources Fund, Inc. (NYSE:PEO), just lately acquired further shares of the corporate’s widespread inventory. In accordance with a current SEC submitting, Buckley bought 1,450 shares on January 22, 2025, at a worth of $23.30 per share, totaling roughly $33,785. The acquisition comes because the fund maintains a gorgeous 9.19% dividend yield and trades at a P/E ratio of 6.26, with a market capitalization of $595 million.

The submitting additionally famous that Buckley acquired 1,100.6201 shares by means of exempt transactions associated to dividend reinvestments and worker contributions, with none financial alternate. Following these transactions, Buckley now straight owns 17,604.07 shares of Adams Pure Sources Fund. The corporate has maintained dividend funds for 54 consecutive years, demonstrating exceptional consistency. InvestingPro subscribers can entry further insights on PEO’s dividend sustainability and insider buying and selling patterns.

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