Agree Realty Dividends and Buybacks
Dividend criteria checks 5/6
Agree Realty is a dividend paying company with a current yield of 4.01% that is well covered by earnings. Next payment date is on 15th October, 2024 with an ex-dividend date of 30th September, 2024.
Key information
4.0%
Dividend yield
-3.8%
Buyback Yield
| Total Shareholder Yield | 0.2% |
| Future Dividend Yield | 4.3% |
| Dividend Growth | -1.9% |
| Next dividend pay date | 15 Oct 24 |
| Ex dividend date | 30 Sep 24 |
| Dividend per share | Mex$3.000 |
| Payout ratio | 82% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ADC *'s dividends per share have been stable in the past 10 years.
Growing Dividend: ADC *'s dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Agree Realty Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ADC *) | 4.0% |
| Market Bottom 25% (MX) | 2.6% |
| Market Top 25% (MX) | 7.1% |
| Industry Average (Retail REITs) | 7.5% |
| Analyst forecast (ADC *) (up to 3 years) | 4.3% |
Notable Dividend: ADC *'s dividend (4.01%) is higher than the bottom 25% of dividend payers in the MX market (2.22%).
High Dividend: ADC *'s dividend (4.01%) is low compared to the top 25% of dividend payers in the MX market (7.11%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (81.7%), ADC *'s payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (73.8%), ADC *'s dividend payments are covered by cash flows.