We Ring the Bell at NYSE On Our 150th Anniversary

Date: 
06/24/2004

NYSE Bell Ringing

WE RING THE BELL AT NYSE ON OUR 150th ANNIVERSARY


BALTIMORE, MARYLAND -- JUNE 24, 2004 - Adams Express Company Chairman Douglas G. Ober will lead a delegation of board members and employees to the New York Stock Exchange on the 150th anniversary of the date - Thursday, July 1 - that the company was incorporated in 1854. Mr. Ober will ring the Exchange's Closing Bell at 4 p.m. Adams Express is among the longest-listed NYSE companies traded continuously under the same name. Its stock has been traded on the Exchange since 1866.

The Closing Bell is broadcast live each day on cable channels CNBC, CNNfn and Bloomberg.

We Ring the Bell at NYSE On Our 150th Anniversary

Stock and Distribution

Nav & Stock Price Per Share
Net Asset Value: $ 11.95
Closing Price:

$ 10.27

Discount: -14.1%

This is the closing price from the NYSE on 05/22/2012.

annual DISTRIBUTION Rate
2011 6.1%
5-Year Average 5.8%

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 Company's Common Stock for the calendar year in years prior to 2011 and for the 12 months ended October 31 in 2011.  As of September 8, 2011, the Board of Directors committed to an annual distribution rate of at least 6%.