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Agree Realty Corporation - $ADC STOCK NEWS

Welcome to our dedicated page for Agree Realty Corporation news (Ticker: $ADC), a resource for investors and traders seeking the latest updates and insights on Agree Realty Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Agree Realty Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Agree Realty Corporation's position in the market.

Rhea-AI Summary

Agree Realty (NYSE: ADC) priced a public offering of $450 million 5.625% senior unsecured notes due 2034 at 98.827% of the principal amount. The notes will be guaranteed by the company and certain subsidiaries, supporting general corporate purposes and investment opportunities.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.75%
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none
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Rhea-AI Summary
Agree Realty reported its first-quarter 2024 results, highlighting an introduction of 2024 AFFO per share guidance of $4.10 to $4.13. The company invested $140 million in 50 retail net lease properties, declared an April monthly dividend of $0.250 per common share, and increased its net income, Core FFO, and AFFO per share compared to the previous year. The CEO expressed confidence in achieving the 2024 AFFO per share guidance without deviating from the core strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.41%
Tags
-
Rhea-AI Summary
Agree Realty (ADC) to release first quarter 2024 operating results on April 23, 2024, with a conference call scheduled for April 24, 2024. Interested parties can access the call via teleconference or webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.29%
Tags
Rhea-AI Summary
Agree Realty (ADC) reports a 2.9% year-over-year growth with an annualized dividend of $3.00 per share. The Board of Directors authorizes a monthly cash dividend of $0.250 per common share, marking a 1.2% increase from the previous month. The Company also declares a monthly cash dividend for its Series A Cumulative Redeemable Preferred Stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.29%
Tags
dividends
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Rhea-AI Summary
Agree Realty Corporation (ADC) announces a 2.9% increase in monthly cash dividend to $0.247 per common share, totaling $2.964 annually. The Company also declares a monthly dividend of $0.08854 per depositary share for its Series A Cumulative Redeemable Preferred Stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.7%
Tags
dividends
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Rhea-AI Summary
Agree Realty Corporation (ADC) reported fourth-quarter results, highlighting financial growth and operational achievements. The company showed steady financial performance with an increase in net income, Core FFO, and AFFO. Despite a decline in net income per share for the full year, Core FFO and AFFO per share increased. The company maintained a strong balance sheet and liquidity position, with over $1 billion in total liquidity. CEO Joey Agree expressed satisfaction with the company's performance in 2023 and emphasized a focus on sustainable growth in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.94%
Tags
Rhea-AI Summary
Agree Realty Corporation (ADC) has announced a 2.9% increase in its monthly cash dividend to $0.247 per common share, reflecting an annualized dividend amount of $2.964 per common share. The Company has also declared a monthly cash dividend on its 4.25% Series A Cumulative Redeemable Preferred Stock of $0.08854 per depositary share, equivalent to $1.0625 per annum. The dividends are payable in March 2024 to stockholders of record in February 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.76%
Tags
dividends
-
Rhea-AI Summary
Agree Realty Corporation (ADC) announces a 2.9% increase in monthly cash dividend to $0.247 per common share, reflecting an annualized dividend amount of $2.964 per common share. The Company also declared a monthly cash dividend on its 4.25% Series A Cumulative Redeemable Preferred Stock of $0.08854 per depositary share, equivalent to $1.0625 per annum.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
Tags
dividends
-
Rhea-AI Summary
Agree Realty Corporation (NYSE: ADC) to release Q4 and full year 2023 operating results on February 13, 2024, with a conference call scheduled for February 14, 2024. Interested parties and shareholders can access the call via teleconference or webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.25%
Tags
Rhea-AI Summary
Agree Realty Corporation (NYSE: ADC) announced its 2023 investment activity, including total real estate investment of $1.34 billion, acquisition of 282 retail net lease properties, and a capital markets update with total liquidity of over $1.0 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.7%
Tags
none
Agree Realty Corporation

NYSE:ADC

ADC Rankings

ADC Stock Data

5.96B
98.43M
1.8%
104.1%
4.3%
Other Financial Vehicles
Finance and Insurance
Link
United States of America
ROYAL OAK

About ADC

agree realty corporation (nyse: adc) is a fully-integrated, self-administered, and self-managed reit focused on the development and acquisition of net lease retail properties throughout the united states. our growing portfolio of industry leading retailers consists of 267 assets in 41 states, containing approximately 4.8 million square feet. agree’s disciplined and focused investment strategy, its institutional access to capital, and the company’s industry-wide relationships, consistently produce high-quality opportunities with superior risk adjusted returns. the agree team’s expertise and strategic execution seeks to maximize value for all stakeholders. our innovative development and acquisition strategies, adaptive real estate technology, and extensive capabilities are relied upon by our industry leading partners, including walgreens, mcdonalds, jp morgan chase, pnc and wawa. building upon the foundation of excellence established throughout the past four decades, agree realty c