Agree Realty ticker dps (an.) 2024 hike 2023 hike 2022 hike
ADC N/A N/A N/A N/A
Business yield Hike yrs 5 yr CAGR freq. paid since
N/A N/A N/A N/A N/A N/A
Agree Realty hikes dividend by 2.6%

Agree Realty (ADC) will raise its quarterly dividend by 2.6 percent to $0.585 per share marking the second dividend increase by the REIT announced this year.

The next dividend is payable January 3, 2020 to shareholders of record at the close of business on December 20, 2019. A new annualized dividend of $2.34 per share yields 3.2% at a stock price of $72.67 for Agree Realty.

Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of properties net leased to industry-leading retail tenants. Its community shopping centers include Capital Plaza, Frankfort; Central Michigan Commons, Mount Pleasant, and West Frankfort Plaza, West Frankfort.