Petroleum & Resources Corporation (NYSE: PEO) is an equity investment fund for investors who seek a broadly diversified exposure to the energy and natural resources sector in a conservatively-managed fund.
The portfolio is managed with the expectation that it will generate solid returns that compare favorably to the returns of the Fund's benchmarks. Investments are made with an eye towards protecting your original investment and generating dividends and capital gains that can be used as a source of income or reinvested to increase your holdings in the Fund.
Trading on the New York Stock Exchange since January 1929, Petroleum & Resources has paid dividends continuously since 1934.
In September 2012, the Board of Directors committed that the Corporation will annually distribute to stockholders 6% of the Corporation’s trailing 12-month average month end market price. This means Petroleum & Resources stockholders can count on receiving distributions at a 6% annual distribution rate, or more, for the foreseeable future in both up and down markets. The Corporation has taken this action to demonstrate our commitment to providing our stockholders with consistent, predictable distributions for years to come. Petroleum & Resources has paid dividends every year for over 80 years. For more information, please click on annual minimum 6% distribution rate.