NYSE:ADCRetail REITs
Agree Realty (ADC): Assessing Valuation After a 3.6% Annualized Dividend Increase
Agree Realty (ADC) just gave income investors something new to consider, with its board approving a higher monthly common dividend that works out to a 3.6% annual increase compared with last year.
See our latest analysis for Agree Realty.
That higher payout comes as Agree Realty’s share price sits around $72.10, with a modest year to date share price return of 3.38% and a steadier 1 year total shareholder return of 6.97%. This suggests income focused investors are still backing the story even...