Welcome to our dedicated page for Agree Rlty news (Ticker: ADC), a resource for investors and traders seeking the latest updates and insights on Agree Rlty stock.
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 Corporation (NYSE: ADC) announced its second quarter 2020 operating results release will occur after market close on July 20, 2020. A conference call to discuss these results is scheduled for July 21, 2020, at 9:00 AM ET. Shareholders can participate via teleconference or webcast, with details available on the company's website. As of March 31, 2020, the company owned 868 properties across 46 states, totaling approximately 16.3 million square feet of gross leasable area.
On June 22, 2020, Agree Realty Corporation (NYSE: ADC) reported that it has collected June rent payments from 88% of its portfolio. Additionally, 5% of June rents have been deferred. For April and May, rent collections stood at 91% and 88%, respectively. The company owns 868 properties across 46 states, with a total leasable area of around 16.3 million square feet, primarily leased to retail tenants.