Adams Diversified Equity Fund Announces $12.71 Issue Price Of Shares For Year-End Distribution Payable December 28, 2016

BALTIMORE, Dec. 12, 2016 /PRNewswire/ -- Adams Diversified Equity Fund, Inc. (NYSE: ADX) has determined that $12.71 per share is the issue price for the closed-end fund's year-end distribution for shareholders who have elected to receive the distribution in the form of stock. This price is the mean between the high and low sales prices of the Fund's stock on the New York Stock Exchange on December 12, 2016.

The shares of common stock will be issued in payment of the $0.84 year-end distribution, consisting of $0.05 in net investment income and $0.79 in net realized capital gains. The year-end distribution is payable on December 28, 2016.

The Fund has committed to distributing each year an amount equal to at least 6% of the Fund's trailing 12-month average month-end market price. This year, the Fund is distributing an amount that results in a 7.8% annual distribution rate, exceeding the 6% commitment. Please see the information posted on our website, www.adamsfunds.com, for more details concerning the annual 6% minimum distribution rate commitment.

The Fund has paid out capital gains to its shareholders for 52 consecutive years and has paid dividends for 81 consecutive years.

About Adams Funds

Since 1929, Adams Funds has consistently helped generations of investors reach their investment goals. Adams Funds is comprised of two closed-end funds, Adams Diversified Equity Fund, Inc. (NYSE: ADX), formerly named The Adams Express Company, and Adams Natural Resources Fund, Inc. (NYSE: PEO), formerly named Petroleum & Resources Corporation. The Funds are actively managed by an experienced team with a disciplined approach that has paid dividends for more than 80 years across many market cycles. The Funds are committed to paying an annual distribution rate of 6% or more, providing reliable income to long-term investors. Shares can be purchased through our transfer agent or through a broker. For more information about Adams Funds, please visit: www.adamsfunds.com.

Contact:
For Investor Relations:
Nancy Floyd Prue
Adams Funds
410.752.5900
Prue@adamsfunds.com

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SOURCE Adams Diversified Equity Fund, Inc.