Agree Realty Declares Increased Monthly Cash Dividend
04/15/2021 - 04:05 PM
BLOOMFIELD HILLS, Mich. , April 15, 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 May 14, 2021 to stockholders of record at the close of business on April 30 , 2021.
About Agree Realty Corporation
Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of properties net leased to industry-leading retail tenants. As of December 31, 2020 , the Company owned and operated a portfolio of 1,129 properties, located in 46 states and containing approximately 22.7 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, please visit www.agreerealty.com .
http://www.prnewswire.com/news-releases/agree-realty-declares-increased-monthly-cash-dividend-301270143.html
SOURCE Agree Realty Corporation
ADC Rankings
#3384 Ranked by Stock Gains
ADC Stock Data
Industry
Other Financial Vehicles
Sector
Finance and Insurance
Tags
Finance, Real Estate Investment Trusts, Finance and Insurance, Other Financial Vehicles
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
