Agree Realty As of January 30, 2023 ticker dps (an.) 2023 hike 2022 hike 2021 hike
ADC $2.88 0.0% 5.7% 9.8%
Business yield Hike yrs 5 yr CAGR freq. paid since
Shopping Centers REIT 3.9% 10 6.7% Monthly 1993
Agree Realty hikes dividend by 2.6%

On October 14, 2022, Agree Realty (ADC) announced that it will raise its monthly dividend by another 2.6 percent to $0.24 per share. This follows a dividend hike of 3.1 percent to $0.234 per share monthly earlier in 2022.

The monthly dividend reflects an annualized dividend amount of $2.880 per common share, representing a 5.7% increase over the annualized dividend amount of $2.724 per common share from the fourth quarter of 2021. The dividend is payable November 14, 2022 to stockholders of record at the close of business on October 31, 2022.

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. Agree Realty Corporation has paid a dividend to shareholders every year since 1993.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
Feb 01 FAST 2.8% 12.9%
Feb 02 BRO 0.8% 0.0%
Feb 02 NSC 2.3% 8.9%
Feb 02 WFC 2.6% 0.0%
Feb 02 LW 1.1% 0.0%
Feb 02 COST 0.7% 0.0%
Feb 03 BKR 2.5% 0.0%
Feb 03 C 3.9% 0.0%
Feb 03 COF 2.1% 0.0%
Feb 06 AWK 1.7% 0.0%