Agree Realty Dividend
Dividend criteria checks 6/6
Agree Realty is a dividend paying company with a current yield of 5.12% that is well covered by earnings. Next payment date is on 13th October, 2023 with an ex-dividend date of 28th September, 2023.
Key information
5.1%
Dividend yield
84%
Payout ratio
| Industry average yield | 5.8% |
| Next dividend pay date | 13 Oct 23 |
| Ex dividend date | 28 Sep 23 |
| Dividend per share | US$2.92 |
| Earnings per share | US$1.61 |
| Dividend yield forecast in 3Y | 5.5% |
Recent dividend updates
Recent updates
Agree Realty: The Monthly Payer Is Absolutely Cheap But Relatively Expensive
Sep 14Agree Realty: Buy The Dip For The 4.8% Yield
Sep 08High Annualized Upside From Agree Realty At A Low Valuation
Aug 29Agree Realty: Putting Their Money Where Their Mouth Is
Aug 08Agree Realty: A Great Time To Buy The Dip
Jul 31Agree Realty: A Perfect Tenant Replacement Stock
Jul 11Cost Of Capital Advantage Makes Agree Realty A Better Value Than Spirit Realty
Jun 30Agree Realty: A Steady REIT Income Play
Jun 20Agree Realty: From Ugly REIT Duckling To Super SWAN
Jun 14Agree Realty: Not Worth Buying At The Current Price
Feb 19Agree Realty declares $0.24 dividend
Feb 13Agree Realty: Perfect Macro Setup For This High-Quality Retail REIT
Feb 03Agree Realty declares $0.24 dividend
Jan 12Agree Realty: Hold On, There Are Better Choices
Dec 28Agree Realty declares $0.24 dividend
Dec 13Agree Realty: Another Dividend Hike For This Monthly Paying Net Lease REIT
Nov 13Agree Realty raises dividend by 3% to $0.24
Oct 13Agree Realty to settle outstanding forward equity for $599M, announces stock offering
Sep 28Agree Realty: Safe 3.7% Yield, But Overvalued
Sep 12Better NNN SWAN: Realty Income's 4.4% Yield Or Agree Realty's 3.8%
Sep 01Agree Realty: Moving To Hold After A Strong Run In Shares
Aug 18Agree Realty declares $0.234 dividend
Aug 113 Top Defensive Stocks On The Eve Of The July Fed Meeting
Jul 26Agree Realty declares $0.234 dividend
Jul 12Forget Realty Income, Buy Agree Realty Instead
Jun 24Agree Realty: Continues To Remain Attractive
May 25Agree Realty And Simon Property: Opportunistic In Different Ways
Apr 15STORE Capital And Agree Realty: 2 Net Lease REITs To Add On This Pullback
Mar 16Agree Realty: Yes, You Can Earn High Yield And Sleep Well At Night
Mar 04Agree Realty: A Wide Moat REIT With A Wider Margin Of Safety
Jan 31Agree Realty: The Best Mid-Cap Net Lease REIT To Own For The Next 5 Years
Dec 23Top 5 REITs For 2022
Dec 09If You Like Fungible Rectangles, You Will Love Agree Realty
Nov 21Upcoming Dividend Payment
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) | 5.1% |
| Market Bottom 25% (US) | 1.7% |
| Market Top 25% (US) | 5.1% |
| Industry Average (Retail REITs) | 5.8% |
| Analyst forecast in 3 Years (ADC) | 5.5% |
Notable Dividend: ADC's dividend (5.12%) is higher than the bottom 25% of dividend payers in the US market (1.65%).
High Dividend: ADC's dividend (5.12%) is in the top 25% of dividend payers in the US market (5.05%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (84%), ADC's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (70.8%), ADC's dividend payments are covered by cash flows.