Agree Realty Corporation reports recurring developments as a retail net lease REIT focused on acquiring, developing and managing properties leased to retail tenants. Company updates commonly cover operating results, AFFO and investment guidance, retail property acquisitions, development activity, and projects under its Developer Funding Platform.
ADC news also includes monthly common dividends and dividends on its 4.25% Series A Cumulative Redeemable Preferred Stock, along with capital markets activity such as at-the-market equity issuance, forward equity sales, liquidity updates, credit capacity and portfolio disclosures, including ground lease activity.
Agree Realty (NYSE: ADC) raised its 2026 adjusted funds from operations guidance after reporting higher third-quarter earnings per share. The company now expects AFFO, an adjusted operating cash earnings measure, of $4.58 to $4.59 per share, versus $4.57 to $4.59 previously. Third-quarter net income per share rose 18.5% to $0.53, while AFFO per share increased 4.9% to $1.15.
Quarterly investment totaled approximately $358 million across 94 properties. The company completed a $400 million bond offering and settled 5.7 million forward equity shares for approximately $426 million in net proceeds. Quarter-end liquidity was approximately $2.0 billion; net debt relative to recurring operating earnings was 3.9 times pro forma, or 4.8 times excluding unsettled forward equity. The portfolio was approximately 99.8% leased. The October monthly common dividend increased to $0.271 per share.
Agree Realty (NYSE: ADC) declared an increased monthly common dividend of $0.271 per share, payable November 13, 2026. The dividend is up 1.5% month over month and equals $3.252 per share annualized. Common shareholders must be on record at the close of business October 30, 2026.
The company also declared a monthly Series A preferred dividend of $0.08854 per depositary share, payable November 2, 2026.
Agree Realty (ADC) will release its third quarter 2026 operating results after market close on October 20, 2026. A conference call to discuss the results is scheduled for October 21, 2026, at 9:00 AM ET, with teleconference and webcast access. A webcast replay will be available in the Investors section of the company’s website.
Agree Realty (ADC) priced a public offering of $400 million of 5.650% senior unsecured notes due 2036 through Agree Limited Partnership. The notes were priced at 98.497% of principal, implying a yield to maturity of 5.849%, and, inclusive of prior hedging, an all-in interest rate of 5.36%. The notes will be senior unsecured obligations of the operating partnership, guaranteed by Agree Realty and certain subsidiaries, and the offering is expected to close on September 22, 2026, subject to customary conditions.
The company plans to use net proceeds for general corporate purposes, including debt reduction and funding property acquisitions and development. Management stated that the transaction increases total liquidity to over $2.0 billion and, together with the absence of material debt maturities until 2028, supports execution of its growth strategy. Termination of $300 million of forward-starting swaps generated a payment of over $19 million and reduced the notes’ all-in rate by nearly 50 basis points.
Agree Realty (ADC) released its 2025 Sustainability Report, highlighting environmental, social and governance initiatives and alignment with ISSB IFRS S1 and S2 disclosure standards.
The company reports portfolio data coverage of 58% for GHG emissions and Gold-level recognition from Green Lease Leaders for the fourth consecutive year. As of June 30, 2026, Agree Realty owned 2,825 net lease retail properties totaling about 59.6 million square feet across all 50 states and the District of Columbia.
Agree Realty (ADC) declared a monthly cash dividend of $0.267 per common share, reflecting an annualized $3.204 per share.
The new annualized rate is a 4.3% increase over the prior $3.072 per share from the third quarter of 2025. The common dividend is payable on October 14, 2026 to shareholders of record on September 30, 2026. The company also declared a monthly dividend on its 4.25% Series A preferred stock of $0.08854 per depositary share ($1.0625 per annum), payable October 1, 2026 to holders of record on September 21, 2026.
Agree Realty (NYSE: ADC) declared a monthly cash dividend of $0.267 per common share, equal to $3.204 annualized, a 4.3% increase over the prior annualized rate of $3.072 from Q3 2025. The common dividend is payable on September 15, 2026 to shareholders of record on August 31, 2026.
The Board also declared a monthly cash dividend on its 4.25% Series A Cumulative Redeemable Preferred Stock of $0.08854 per depositary share, or $1.0625 per annum, payable on September 1, 2026 to shareholders of record on August 21, 2026.
Agree Realty (NYSE: ADC) reported strong second quarter 2026 results, highlighted by record investment activity of approximately $502 million across 102 retail net lease properties and five new development or Developer Funding Platform projects totaling about $88 million in committed capital.
Net income attributable to common stockholders rose 11.5% to $52.8 million, with net income per share up 2.2% to $0.44. Core FFO per share increased 7.5% to $1.13 and AFFO per share grew 7.4% to $1.14. For the first half of 2026, the company invested approximately $925 million, while AFFO per share reached $2.28, up 7.7% year over year.
Agree Realty raised 2026 AFFO per share guidance to $4.57–$4.59 and lifted investment volume guidance to $1.6–$1.8 billion/b. The portfolio was 99.8% leased at quarter end, with 65.8% of annualized base rent from investment-grade tenants and net debt to recurring EBITDA at 3.7x on a pro forma basis.
Agree Realty (NYSE: ADC) declared a monthly cash dividend of $0.267 per common share, equal to an annualized $3.204 and a 4.3% increase over the annualized $3.072 from the third quarter of 2025. The common dividend is payable on August 14, 2026 to shareholders of record on July 31, 2026.
The Board 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, payable on August 3, 2026 to shareholders of record on July 24, 2026.
Agree Realty (NYSE: ADC) will release its second quarter 2026 operating results after market close on Thursday, July 30, 2026.
A conference call to discuss these results is scheduled for Friday, July 31, 2026 at 10:00 AM ET, accessible via teleconference and webcast through the Investors section of the company website.