Agree Realty Declares Monthly Cash Dividend
Get Alerts ADC Hot Sheet
Overall Analyst Rating:
BUY ( Down)
Dividend Yield: 5.2%
Revenue Growth %: +18.0%
Join SI Premium – FREE
BLOOMFIELD HILLS, Mich., June 16, 2021 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.217 per common share. The monthly dividend reflects an annualized dividend amount of $2.604 per common share, representing an 8.5% increase over the annualized dividend amount of $2.400 per common share from the second quarter of 2020. The dividend is payable July 14, 2021 to stockholders of record at the close of business on June 30, 2021.
About Agree Realty Corporation
Agree Realty Corporation is a publicly traded real estate investment trust that is RETHINKING RETAIL through the acquisition and development of properties net leased to industry-leading, omni-channel retail tenants. As of March 31, 2021, the Company owned and operated a portfolio of 1,213 properties, located in 46 states and containing approximately 24.2 million square feet of gross leasable area. The Company's common stock is listed on the New York Stock Exchange under the symbol "ADC". For additional information on the Company and RETHINKING RETAIL, please visit www.agreerealty.com.
View original content to download multimedia:http://www.prnewswire.com/news-releases/agree-realty-declares-monthly-cash-dividend-301314098.html
SOURCE Agree Realty Corporation
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- AVL Establishes New Canadian Entity in Ontario
- New Product Safety Recalls
- Genesis Digital Appoints Darren Hakeman as Chief Executive Officer
Create E-mail Alert Related Categories
PRNewswire, Press ReleasesRelated Entities
Dividend, Definitive AgreementSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!