NYSE:ADCRetail REITs
Is Agree Realty’s 4.3% Dividend Hike Quietly Reframing Its Income Story For ADC Investors?
Agree Realty Corporation recently declared a monthly cash dividend of US$0.267 per common share, a 4.3% year-over-year increase, and a monthly dividend of US$0.08854 per depositary share on its 4.25% Series A Cumulative Redeemable Preferred Stock, both payable in early July 2026 to shareholders of record in June.
This higher common dividend, framed by management as well-covered by durable earnings and a conservative payout ratio, reinforces the REIT’s income-focused appeal for investors,...