Agree Realty Declares Monthly Cash Dividend
05/17/2021 - 04:05 PM
BLOOMFIELD HILLS, Mich. , May 17, 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 June 11, 2021 to stockholders of record at the close of business on May 28, 2021 .
About Agree Realty Corporation
Agree Realty Corporation is a publicly traded real estate investment trust that is RE THINKING 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 RE THINKING RETAIL , please visit www.agreerealty.com .
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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
