Announcement • Jun 09
Agree Realty Corporation Declares Monthly Common Cash Dividend, Payable on July 15, 2026 Agree Realty Corporation announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.267 per common share. The monthly dividend reflects an annualized dividend amount of $3.204 per common share, representing a 4.3% increase over the annualized dividend amount of $3.072 per common share from the second quarter of 2025. The dividend is payable July 15, 2026 to stockholders of record at the close of business on June 30, 2026. Board Change • May 21
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. Independent Director Linglong He was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 14
Agree Realty Corporation Declares Monthly Common Cash Dividend, Payable on June 12, 2026 Agree Realty Corporation announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.267 per common share. The monthly dividend reflects an annualized dividend amount of $3.204 per common share, representing a 4.3% increase over the annualized dividend amount of $3.072 per common share from the second quarter of 2025. The dividend is payable June 12, 2026 to stockholders of record at the close of business on May 29, 2026. Announcement • Apr 26
Agree Realty Corporation has filed a Follow-on Equity Offering in the amount of $1.75 billion. Agree Realty Corporation has filed a Follow-on Equity Offering in the amount of $1.75 billion.
Security Name: Common Stock
Security Type: Common Stock
Security Features: Income Trust
Transaction Features: At the Market Offering Announcement • Apr 25
Agree Realty Corporation has completed a Follow-on Equity Offering in the amount of $1.0001 billion. Agree Realty Corporation has completed a Follow-on Equity Offering in the amount of $1.0001 billion.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 168,277
Security Features: Income Trust
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 2,408,201
Security Features: Income Trust
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 362,021
Security Features: Income Trust
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 2,408,201
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 8,738,029
Transaction Features: At the Market Offering Announcement • Apr 10
Agree Realty Corporation Declares Increased Monthly Common Cash Dividend, Payable on May 14, 2026 Agree Realty Corporation announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.267 per common share, representing a 1.9% month-over-month increase. The monthly dividend reflects an annualized dividend amount of $3.204 per common share, representing a 4.3% increase over the annualized dividend amount of $3.072 per common share from the second quarter of 2025. The dividend is payable May 14, 2026 to stockholders of record at the close of business on April 30, 2026. Announcement • Apr 04
Agree Realty Corporation, Annual General Meeting, May 14, 2026 Agree Realty Corporation, Annual General Meeting, May 14, 2026. Announcement • Apr 02
Agree Realty Corporation to Report Q1, 2026 Results on Apr 21, 2026 Agree Realty Corporation announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 21, 2026 Announcement • Mar 11
Agree Realty Declares Monthly Cash Dividend, Payable on April 15, 2026 Agree Realty Corporation announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.262 per common share. The monthly dividend reflects an annualized dividend amount of $3.144 per common share, representing a 3.6% increase over the annualized dividend amount of $3.036 per common share from the first quarter of 2025. The dividend is payable April 15, 2026 to stockholders of record at the close of business on March 31, 2026. Announcement • Feb 06
Agree Realty Corporation Declares Monthly Cash Dividend, Payable on March 13, 2026 Agree Realty Corporation declared a monthly cash dividend of $0.262 per common share. The monthly dividend reflects an annualized dividend amount of $3.144 per common share, representing a 3.6% increase over the annualized dividend amount of $3.036 per common share from the first quarter of 2025. The dividend is payable March 13, 2026 to stockholders of record at the close of business on February 27, 2026. Announcement • Jan 14
Agree Realty Corporation Declares Monthly Cash Dividend, Payable on February 13, 2026 Agree Realty Corporation announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.262 per common share. The monthly dividend reflects an annualized dividend amount of $3.144 per common share, representing a 3.6% increase over the annualized dividend amount of $3.036 per common share from the first quarter of 2025. The dividend is payable February 13, 2026 to stockholders of record at the close of business on January 30, 2026. Announcement • Jan 07
Agree Realty Corporation to Report Q4, 2025 Results on Feb 10, 2026 Agree Realty Corporation announced that they will report Q4, 2025 results After-Market on Feb 10, 2026 Announcement • Dec 12
Agree Realty Corporation Declares Monthly Common Dividends, Payable on January 15, 2026 Agree Realty Corporation announced that its Board of Directors has authorized, and the company has declared, a monthly cash dividend of $0.262 per common share. The monthly dividend reflects an annualized dividend amount of $3.144 per common share, representing a 3.6% increase over the annualized dividend amount of $3.036 per common share from the fourth quarter of 2024. The dividend is payable January 15, 2026 to stockholders of record at the close of business on December 31, 2025. Announcement • Nov 12
Agree Realty Corporation Declares Monthly Common Dividends, Payable on December 12, 2025 Agree Realty Corporation announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.262 per common share. The monthly dividend reflects an annualized dividend amount of $3.144 per common share, representing a 3.6% increase over the annualized dividend amount of $3.036 per common share from the fourth quarter of 2024. The dividend is payable December 12, 2025 to stockholders of record at the close of business on November 28, 2025. Announcement • Oct 15
Agree Realty Corporation Declares Increased Monthly Common Dividend, Payable on November 14, 2025 Agree Realty Corporation announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.262 per common share, representing a 2.3% month-over-month increase. The monthly dividend reflects an annualized dividend amount of $3.144 per common share, representing a 3.6% increase over the annualized dividend amount of $3.036 per common share from the fourth quarter of 2024. The dividend is payable November 14, 2025 to stockholders of record at the close of business on October 31, 2025. Announcement • Oct 01
Agree Realty Corporation to Report Q3, 2025 Results on Oct 21, 2025 Agree Realty Corporation announced that they will report Q3, 2025 results After-Market on Oct 21, 2025 Announcement • Sep 11
Agree Realty Corporation Declares A Monthly Cash Dividend, Payable October 14, 2025 Agree Realty Corporation announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.256 per common share. The monthly dividend reflects an annualized dividend amount of $3.072 per common share, representing a 2.4% increase over the annualized dividend amount of $3.00 per common share from the third quarter of 2024. The dividend is payable October 14, 2025 to stockholders of record at the close of business on September 30, 2025. Announcement • Aug 13
Agree Realty Corporation Declares Monthly Common Dividend, Payable on September 15, 2025 Agree Realty Corporation announced that its Board of Directors has authorized, and the company has declared, a monthly cash dividend of $0.256 per common share. The monthly dividend reflects an annualized dividend amount of $3.072 per common share, representing a 2.4% increase over the annualized dividend amount of $3.00 per common share from the third quarter of 2024. The dividend is payable September 15, 2025 to stockholders of record at the close of business on August 29, 2025. Announcement • Jul 11
Agree Realty Declares Monthly Common Stock Dividend, Payable on August 14, 2025 Agree Realty Corporation announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.256 per common share. The monthly dividend reflects an annualized dividend amount of $3.072 per common share, representing a 2.4% increase over the annualized dividend amount of $3.00 per common share from the third quarter of 2024. The dividend is payable August 14, 2025 to stockholders of record at the close of business on July 31, 2025. Announcement • Jul 01
Agree Realty Corporation to Report Q2, 2025 Results on Jul 31, 2025 Agree Realty Corporation announced that they will report Q2, 2025 results After-Market on Jul 31, 2025 Announcement • Jun 11
Agree Realty Corporation Declares Monthly Common Dividend, Payable on July 15, 2025 Agree Realty Corporation announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.256 per common share. The monthly dividend reflects an annualized dividend amount of $3.072 per common share, representing a 2.4% increase over the annualized dividend amount of $3.00 per common share from the second quarter of 2024. The dividend is payable July 15, 2025 to stockholders of record at the close of business on June 30, 2025. Announcement • May 14
Agree Realty Corporation Declares Monthly Cash Dividend, Payable on June 13, 2025 Agree Realty Corporation announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.256 per common share. The monthly dividend reflects an annualized dividend amount of $3.072 per common share, representing a 2.4% increase over the annualized dividend amount of $3.00 per common share from the second quarter of 2024. The dividend is payable June 13, 2025 to stockholders of record at the close of business on May 30, 2025. Announcement • Apr 25
Agree Realty Corporation has completed a Follow-on Equity Offering in the amount of $340.65 million. Agree Realty Corporation has completed a Follow-on Equity Offering in the amount of $340.65 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 4,500,000
Price\Range: $75.7
Discount Per Security: $0.6 Announcement • Apr 11
Agree Realty Corporation Declares Increased Monthly Common Cash Dividend, Payable on May 14, 2025 Agree Realty Corporation announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.256 per common share, representing a 1.2% month-over-month increase. The monthly dividend reflects an annualized dividend amount of $3.072 per common share, representing a 2.4% increase over the annualized dividend amount of $3.00 per common share from the second quarter of 2024. The dividend is payable May 14, 2025 to stockholders of record at the close of business on April 30, 2025. Announcement • Apr 03
Agree Realty Corporation to Report Q1, 2025 Results on Apr 22, 2025 Agree Realty Corporation announced that they will report Q1, 2025 results After-Market on Apr 22, 2025 Announcement • Mar 25
Agree Realty Corporation, Annual General Meeting, May 15, 2025 Agree Realty Corporation, Annual General Meeting, May 15, 2025. Announcement • Mar 12
Agree Realty Corporation Declares Monthly Common, Payable April 14, 2025 Agree Realty Corporation announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.253 per common share. The monthly dividend reflects an annualized dividend amount of $3.036 per common share, representing a 2.4% increase over the annualized dividend amount of $2.964 per common share from the first quarter of 2024. The dividend is payable April 14, 2025 to stockholders of record at the close of business on March 31, 2025. Announcement • Feb 07
Agree Realty Corporation Declares Monthly Common Share Dividend, Payable on March 14, 2025 Agree Realty Corporation announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.253 per common share. The dividend is payable March 14, 2025 to stockholders of record at the close of business on February 28, 2025. Announcement • Jan 15
Agree Realty Corporation Declares Monthly Common Share Dividend, Payable on February 14, 2025 Agree Realty Corporation announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.253 per common share. The monthly dividend reflects an annualized dividend amount of $3.036 per common share, representing a 2.4% increase over the annualized dividend amount of $2.964 per common share from the first quarter of 2024. The dividend is payable February 14, 2025 to stockholders of record at the close of business on January 31, 2025. Announcement • Jan 08
Agree Realty Corporation to Report Q4, 2024 Results on Feb 11, 2025 Agree Realty Corporation announced that they will report Q4, 2024 results After-Market on Feb 11, 2025 Board Change • Dec 30
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. Independent Director Linglong He was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Dec 30
Independent Director recently bought €2.0m worth of stock On the 23rd of December, John Rakolta bought around 30k shares on-market at roughly €67.56 per share. This transaction amounted to 6.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €7.1m more in shares than they have sold in the last 12 months. Announcement • Dec 13
Agree Realty Corporation Declares Monthly Cash Dividends on Common Shares, Payable on January 15, 2025 Agree Realty Corporation announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.253 per common share. The monthly dividend reflects an annualized dividend amount of $3.036 per common share, representing a 2.4% increase over the annualized dividend amount of $2.964 per common share from the fourth quarter of 2023. The dividend is payable January 15, 2025 to stockholders of record at the close of business on December 31, 2024. Declared Dividend • Nov 17
Dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 29th November 2024 Payment date: 13th December 2024 Dividend yield will be 3.9%, which is lower than the industry average of 5.6%. Announcement • Nov 13
Agree Realty Corporation Declares Monthly Common Cash Dividend, Payable on December 13, 2024 Agree Realty Corporation announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.253 per common share. The monthly dividend reflects an annualized dividend amount of $3.036 per common share, representing a 2.4% increase over the annualized dividend amount of $2.964 per common share from the fourth quarter of 2023. The dividend is payable December 13, 2024 to stockholders of record at the close of business on November 29, 2024. Announcement • Oct 25
Agree Realty Corporation has filed a Follow-on Equity Offering. Agree Realty Corporation has filed a Follow-on Equity Offering.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 4,000,000 Reported Earnings • Oct 23
Third quarter 2024 earnings released: EPS: US$0.42 (vs US$0.41 in 3Q 2023) Third quarter 2024 results: EPS: US$0.42 (up from US$0.41 in 3Q 2023). Revenue: US$154.3m (up 13% from 3Q 2023). Net income: US$42.5m (up 7.5% from 3Q 2023). Profit margin: 28% (down from 29% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 3.2% decline forecast for the Retail REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 4% per year. Declared Dividend • Oct 16
Dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 31st October 2024 Payment date: 14th November 2024 Dividend yield will be 4.0%, which is lower than the industry average of 5.6%. Announcement • Oct 11
Agree Realty Corporation Declares Monthly Common Dividend, Payable on November 14, 2024 Agree Realty Corporation announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.253 per common share, representing a 1.2% month-over-month increase. The monthly dividend reflects an annualized dividend amount of $3.036 per common share, representing a 2.4% increase over the annualized dividend amount of $2.964 per common share from the fourth quarter of 2023. The dividend is payable November 14, 2024 to stockholders of record at the close of business on October 31, 2024. Announcement • Oct 02
Agree Realty Corporation to Report Q3, 2024 Results on Oct 22, 2024 Agree Realty Corporation announced that they will report Q3, 2024 results After-Market on Oct 22, 2024 Board Change • Oct 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. Independent Director Linglong He was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • Sep 16
Dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 30th September 2024 Payment date: 15th October 2024 Dividend yield will be 4.0%, which is lower than the industry average of 5.6%. Declared Dividend • Aug 19
Dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 30th August 2024 Payment date: 16th September 2024 Dividend yield will be 4.3%, which is lower than the industry average of 5.6%. Announcement • Aug 14
Agree Realty Corporation Declares A Monthly Cash Dividend, Payable on September 16, 2024 Agree Realty Corporation declared, a monthly cash dividend of $0.250 per common share. The monthly dividend reflects an annualized dividend amount of $3.00 per common share, representing a 2.9% increase over the annualized dividend amount of $2.916 per common share from the third quarter of 2023. The dividend is payable September 16, 2024 to stockholders of record at the close of business on August 30, 2024. Reported Earnings • Jul 24
Second quarter 2024 earnings released: EPS: US$0.53 (vs US$0.42 in 2Q 2023) Second quarter 2024 results: EPS: US$0.53 (up from US$0.42 in 2Q 2023). Revenue: US$152.6m (up 18% from 2Q 2023). Net income: US$52.9m (up 36% from 2Q 2023). Profit margin: 35% (up from 30% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 2.5% decline forecast for the Retail REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 1% per year and the company’s share price has also fallen by 1% per year. Declared Dividend • Jul 15
Dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 31st July 2024 Payment date: 14th August 2024 Dividend yield will be 4.7%, which is lower than the industry average of 5.6%. Announcement • Jul 12
Agree Realty Corporation Announces Declares Monthly Dividend, Payable on August 14, 2024 Agree Realty Corporation announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.250 per common share. The monthly dividend reflects an annualized dividend amount of $3.00 per common share, representing a 2.9% increase over the annualized dividend amount of $2.916 per common share from the third quarter of 2023. The dividend is payable August 14, 2024 to stockholders of record at the close of business on July 31, 2024. Announcement • Jul 04
Agree Realty Corporation to Report Q2, 2024 Results on Jul 23, 2024 Agree Realty Corporation announced that they will report Q2, 2024 results After-Market on Jul 23, 2024 Declared Dividend • Jun 17
Dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 28th June 2024 Payment date: 15th July 2024 Dividend yield will be 4.9%, which is lower than the industry average of 5.6%. Recent Insider Transactions • May 29
Independent Director recently bought €1.1m worth of stock On the 23rd of May, John Rakolta bought around 20k shares on-market at roughly €54.81 per share. This transaction amounted to 4.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €14m more in shares than they have sold in the last 12 months. Declared Dividend • May 20
Dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 31st May 2024 Payment date: 14th June 2024 Dividend yield will be 5.0%, which is lower than the industry average of 5.6%. Announcement • May 16
Agree Realty Corporation Declares Monthly Cash Dividend on Common Share, Payable on June 14, 2024 Agree Realty Corporation announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.250 per common share. The monthly dividend reflects an annualized dividend amount of $3.00 per common share, representing a 2.9% increase over the annualized dividend amount of $2.916 per common share from the second quarter of 2023. The dividend is payable June 14, 2024 to stockholders of record at the close of business on May 31, 2024. New Risk • May 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risk Shareholders have been diluted in the past year (8.0% increase in shares outstanding). Upcoming Dividend • Apr 25
Upcoming dividend of US$0.25 per share Eligible shareholders must have bought the stock before 29 April 2024. Payment date: 14 May 2024. Trailing yield: 5.1%. Within top quartile of German dividend payers (4.8%). In line with average of industry peers (5.4%). Upcoming Dividend • Apr 24
Upcoming dividend of US$0.25 per share Eligible shareholders must have bought the stock before 29 April 2024. Payment date: 14 May 2024. Trailing yield: 5.1%. Within top quartile of German dividend payers (4.8%). In line with average of industry peers (5.3%). Declared Dividend • Apr 15
Dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 29th April 2024 Payment date: 14th May 2024 Dividend yield will be 5.2%, which is lower than the industry average of 5.6%. Announcement • Apr 14
Agree Realty Corporation, Annual General Meeting, May 23, 2024 Agree Realty Corporation, Annual General Meeting, May 23, 2024, at 10:00 US Eastern Standard Time. Agenda: To elect four directors to serve until the annual meeting of stockholders in 2027; to ratify the appointment of Grant Thornton LLP as the company's independent registered public accounting firm for 2024; to approve (on an advisory basis), by non-binding vote, executive compensation; to approve the 2024 Omnibus Incentive Plan; and to consider and vote on such other business as may properly come before the meeting or any adjournment or postponement thereof. Announcement • Apr 09
Agree Realty Corporation to Report Q1, 2024 Results on Apr 23, 2024 Agree Realty Corporation announced that they will report Q1, 2024 results After-Market on Apr 23, 2024 Upcoming Dividend • Mar 20
Upcoming dividend of US$0.25 per share Eligible shareholders must have bought the stock before 27 March 2024. Payment date: 12 April 2024. Trailing yield: 5.3%. Within top quartile of German dividend payers (5.0%). Lower than average of industry peers (6.3%). Declared Dividend • Mar 18
Dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 27th March 2024 Payment date: 12th April 2024 Dividend yield will be 5.3%, which is about the same as the industry average. Announcement • Mar 13
Agree Realty Declares Monthly Common Dividend, Payable on April 12, 2024 Agree Realty Corporation announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.247 per common share. The monthly dividend reflects an annualized dividend amount of $2.964 per common share, representing a 2.9% increase over the annualized dividend amount of $2.880 per common share from the first quarter of 2023. The dividend is payable April 12, 2024 to stockholders of record at the close of business on March 28, 2024. Recent Insider Transactions • Mar 03
Executive Chairman of the Board recently bought €821k worth of stock On the 29th of February, Richard Agree bought around 16k shares on-market at roughly €51.34 per share. This transaction amounted to 2.6% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €1.1m. Richard has been a buyer over the last 12 months, purchasing a net total of €3.2m worth in shares. Recent Insider Transactions • Feb 21
Independent Director recently bought €1.1m worth of stock On the 16th of February, John Rakolta bought around 20k shares on-market at roughly €52.91 per share. This transaction amounted to 5.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €13m more in shares than they have sold in the last 12 months. Upcoming Dividend • Feb 21
Upcoming dividend of US$0.25 per share Eligible shareholders must have bought the stock before 28 February 2024. Payment date: 14 March 2024. Trailing yield: 5.3%. Within top quartile of German dividend payers (5.2%). Lower than average of industry peers (6.2%). Declared Dividend • Feb 12
Dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 28th February 2024 Payment date: 14th March 2024 Dividend yield will be 5.2%, which is lower than the industry average of 5.6%. Announcement • Feb 09
Agree Realty Corporation Declares Monthly Cash Dividend, Payable on March 14, 2024 Agree Realty Corporation announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.247 per common share. The monthly dividend reflects an annualized dividend amount of $2.964 per common share, representing a 2.9% increase over the annualized dividend amount of $2.880 per common share from the first quarter of 2023. The dividend is payable March 14, 2024 to stockholders of record at the close of business on February 29, 2024. Upcoming Dividend • Jan 23
Upcoming dividend of US$0.25 per share at 4.8% yield Eligible shareholders must have bought the stock before 30 January 2024. Payment date: 14 February 2024. Trailing yield: 4.8%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (6.2%). Recent Insider Transactions • Jan 12
Executive Chairman of the Board recently bought €599k worth of stock On the 10th of January, Richard Agree bought around 11k shares on-market at roughly €57.08 per share. This transaction amounted to 1.7% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €757k. Richard has been a buyer over the last 12 months, purchasing a net total of €2.3m worth in shares. Announcement • Jan 12
Agree Realty Corporation Declares Monthly Cash Dividend, Payable on February 14, 2024 Agree Realty Corporation announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.247 per common share. The monthly dividend reflects an annualized dividend amount of $2.964 per common share, representing a 2.9% increase over the annualized dividend amount of $2.880 per common share from the first quarter of 2023. The dividend is payable February 14, 2024 to stockholders of record at the close of business on January 31, 2024. Announcement • Jan 09
Agree Realty Corporation to Report Q4, 2023 Results on Feb 13, 2024 Agree Realty Corporation announced that they will report Q4, 2023 results After-Market on Feb 13, 2024 Recent Insider Transactions • Dec 24
Independent Director recently bought €757k worth of stock On the 21st of December, John Rakolta bought around 13k shares on-market at roughly €56.80 per share. This transaction amounted to 3.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €1.1m. Insiders have collectively bought €11m more in shares than they have sold in the last 12 months. Upcoming Dividend • Dec 21
Upcoming dividend of US$0.25 per share at 1.6% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 16 January 2024. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.1%). Announcement • Dec 13
Agree Realty Corporation Declares Monthly Cash Dividend, Payable on January 16, 2024 Agree Realty Corporation announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.247 per common share. The monthly dividend reflects an annualized dividend amount of $2.964 per common share, representing a 2.9% increase over the annualized dividend amount of $2.880 per common share from the fourth quarter of 2022. The dividend is payable January 16, 2024 to stockholders of record at the close of business on December 29, 2023. Announcement • Dec 12
Agree Realty Corporation Announces Appointment of Linglong He to Board of Directors, Effective January 1, 2024 Agree Realty Corporation announced that Linglong He will join the Company's Board of Directors (the "Board"), effective January 1, 2024. Ms. He is currently the Chief Leadership Advisor at Rocket Central, where she is responsible for executive leadership development for Rocket Companies Inc. She co-founded Rocket Central and previously served as President and Chief Operating Officer. Prior to that role, Ms. He served as Chief Information Officer of Rocket Mortgage, for 10 years. The Board has determined that Ms. He is independent in accordance with the New York Stock Exchange listing standards and the Company's Corporate Governance Guidelines. Upcoming Dividend • Nov 22
Upcoming dividend of US$0.25 per share at 5.2% yield Eligible shareholders must have bought the stock before 29 November 2023. Payment date: 14 December 2023. Trailing yield: 5.2%. Within top quartile of German dividend payers (5.0%). Lower than average of industry peers (6.4%). Announcement • Nov 10
Agree Realty Corporation Declares Monthly Common Dividend, Payable on December 14, 2023 Agree Realty Corporation announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.247 per common share. The monthly dividend reflects an annualized dividend amount of $2.964 per common share, representing a 2.9% increase over the annualized dividend amount of $2.880 per common share from the fourth quarter of 2022. The dividend is payable December 14, 2023 to stockholders of record at the close of business on November 30, 2023. Reported Earnings • Oct 25
Third quarter 2023 earnings released: EPS: US$0.41 (vs US$0.47 in 3Q 2022) Third quarter 2023 results: EPS: US$0.41. Revenue: US$136.8m (up 24% from 3Q 2022). Net income: US$39.7m (up 5.9% from 3Q 2022). Profit margin: 29% (down from 34% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 2.7% decline forecast for the Retail REITs industry in Europe. Upcoming Dividend • Oct 23
Upcoming dividend of US$0.25 per share at 5.3% yield Eligible shareholders must have bought the stock before 30 October 2023. Payment date: 14 November 2023. Trailing yield: 5.3%. Within top quartile of German dividend payers (5.0%). Lower than average of industry peers (6.8%). Announcement • Oct 13
Agree Realty Corporation Declares Monthly Cash Dividend, Payable on November 14, 2023 Agree Realty Corporation announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.247 per common share. The monthly dividend reflects an annualized dividend amount of $2.964 per common share, representing a 2.9% increase over the annualized dividend amount of $2.880 per common share from the fourth quarter of 2022. The dividend is payable November 14, 2023 to stockholders of record at the close of business on October 31, 2023. Announcement • Oct 05
Agree Realty Corporation to Report Q3, 2023 Results on Oct 24, 2023 Agree Realty Corporation announced that they will report Q3, 2023 results After-Market on Oct 24, 2023 Recent Insider Transactions • Sep 26
Independent Director recently bought €1.6m worth of stock On the 21st of September, John Rakolta bought around 30k shares on-market at roughly €53.90 per share. This transaction amounted to 9.1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €1.7m. Insiders have collectively bought €8.9m more in shares than they have sold in the last 12 months. Upcoming Dividend • Sep 21
Upcoming dividend of US$0.24 per share at 5.0% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 13 October 2023. Trailing yield: 5.0%. Within top quartile of German dividend payers (4.8%). Lower than average of industry peers (6.3%). Announcement • Sep 19
Agree Realty Corporation Announces Promotion of Nicole Witteveen to Chief Operating Officer of the Company Agree Realty Corporation announced that effective September 18, 2023, Nicole Witteveen has been promoted to Chief Operating Officer of the Company. Concurrent with Mrs. Witteveen's appointment, Craig Erlich has been named Chief Growth Officer. Additionally, Edward Eickhoff has joined the Company as Executive Vice President, Asset Management. Mrs. Witteveen will lead all aspects of the Company's Asset Management, People and Culture, Information Technology, as well as Strategic Initiatives. Prior to assuming the Chief Operating Officer role, Mrs. Witteveen served as Executive Vice President, People and Culture as well as Chief of Staff of the Company. Additionally, the Company announced that Craig Erlich will be assuming the newly created role of Chief Growth Officer. Mr. Erlich has previously served as Chief Investment Officer and Chief Operating Officer of the Company. In his new role, he will assume full responsibility for the Company's three external growth platforms as well as tenant relations. In addition, Edward Eickhoff has joined the Company as Executive Vice President, Asset Management. In this new role, Mr. Eickhoff will be responsible for property management, leasing, asset management administration and disposition activities. He has nearly 40 years of industry experience, most notably serving in numerous executive roles at RPT Realty and its predecessor companies. Mr. Eickhoff will report to Mrs. Witteveen. Announcement • Sep 13
Agree Realty Declares Monthly Common Dividends, Payable on October 13, 2023 Agree Realty Corporation announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.243 per common share. The monthly dividend reflects an annualized dividend amount of $2.916 per common share, representing a 3.8% increase over the annualized dividend amount of $2.808 per common share from the third quarter of 2022. The dividend is payable October 13, 2023 to stockholders of record at the close of business on September 29, 2023. Upcoming Dividend • Aug 23
Upcoming dividend of US$0.24 per share at 4.7% yield Eligible shareholders must have bought the stock before 30 August 2023. Payment date: 14 September 2023. Trailing yield: 4.7%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (6.4%). Announcement • Aug 11
Agree Realty Corporation Declares Monthly Cash Dividend on Common Share, Payable on September 14, 2023 Agree Realty Corporation announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.243 per common share. The monthly dividend reflects an annualized dividend amount of $2.916 per common share, representing a 3.8% increase over the annualized dividend amount of $2.808 per common share from the third quarter of 2022. The dividend is payable September 14, 2023 to stockholders of record at the close of business on August 31, 2023. Recent Insider Transactions • Aug 04
Independent Director recently bought €1.7m worth of stock On the 2nd of August, John Rakolta bought around 30k shares on-market at roughly €57.63 per share. This transaction amounted to 10.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €6.1m more in shares than they have sold in the last 12 months. Reported Earnings • Aug 02
Second quarter 2023 earnings released: EPS: US$0.42 (vs US$0.45 in 2Q 2022) Second quarter 2023 results: EPS: US$0.42. Revenue: US$129.9m (up 24% from 2Q 2022). Net income: US$39.0m (up 15% from 2Q 2022). Profit margin: 30% (down from 32% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 3.2% decline forecast for the Retail REITs industry in Europe. Announcement • Jul 18
Agree Realty Corporation Declares Monthly Cash Dividend on Common Share, Payable on August 14, 2023 Agree Realty Corporation announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.243 per common share. The monthly dividend reflects an annualized dividend amount of $2.916 per common share, representing a 3.8% increase over the annualized dividend amount of $2.808 per common share from the third quarter of 2022. The dividend is payable August 14, 2023 to stockholders of record at the close of business on July 31, 2023. Announcement • Jul 07
Agree Realty Corporation to Report Q2, 2023 Results on Aug 01, 2023 Agree Realty Corporation announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 01, 2023 Announcement • Jun 15
Agree Realty Corporation Declares Monthly Common Dividend, Payable on July 14, 2023 Agree Realty Corporation announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.243 per common share. The monthly dividend reflects an annualized dividend amount of $2.916 per common share, representing a 3.8% increase over the annualized dividend amount of $2.808 per common share from the second quarter of 2022. The dividend is payable July 14, 2023 to stockholders of record at the close of business on June 30, 2023. Announcement • May 12
Agree Realty Corporation Declares Monthly Cash Dividend, Payable on June 14, 2023 Agree Realty Corporation announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.243 per common share. The monthly dividend reflects an annualized dividend amount of $2.916 per common share, representing a3.8% increase over the annualized dividend amount of $2.808 per common share from the second quarter of 2022. The dividend is payable June 14, 2023 to stockholders of record at the close of business on May 31, 2023. Announcement • Jan 13
Agree Realty Corporation Declares Monthly Cash Dividend, Payable February 14, 2023 Agree Realty Corporation announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.240 per common share. 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 first quarter of 2022. The dividend is payable February 14, 2023 to stockholders of record at the close of business on January 31, 2023.