NYSE:ADCRetail REITs
Agree Realty (ADC): Assessing Valuation After a 3.6% Monthly Dividend Increase
Agree Realty (ADC) just gave income focused investors something to chew on, as the board signed off on a 3.6% bump to its monthly common dividend, signaling steady confidence in the REIT’s cash flows.
See our latest analysis for Agree Realty.
Even with this dividend bump, Agree Realty’s share price at $71.75 has delivered only modest upside. The 1 year total shareholder return is roughly flat, while the 5 year total shareholder return is about 39%. This suggests that long term compounding...