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 (NYSE: ADC) is a real estate investment trust focused on retail net lease properties, and its news flow reflects this specialization. Company updates frequently cover investment activity, portfolio growth, capital markets transactions and dividend declarations, giving investors insight into how the portfolio and capital structure are evolving.
News releases from Agree Realty often detail acquisition volumes, development and Developer Funding Platform (DFP) projects, and the composition of its tenant base. For example, the company has reported annual real estate investment volumes in the billions of dollars, acquisitions of hundreds of retail net lease properties across dozens of states, and a significant share of annualized base rents derived from investment grade retail tenants. Portfolio updates also describe property counts, gross leasable area, occupancy levels and lease term metrics.
Another recurring theme in ADC news is capital markets and financing activity. The company issues releases on new unsecured term loans, amendments to its revolving credit facility, forward equity offerings and total liquidity levels. These announcements explain borrowing capacity, interest rate terms and credit ratings, providing context for how Agree Realty funds its investment pipeline and manages leverage.
Dividend announcements are also a regular part of the company’s news. Agree Realty declares monthly cash dividends on its common stock and its 4.25% Series A Cumulative Redeemable Preferred Stock, and it highlights changes in annualized dividend amounts and year-over-year growth rates. Earnings-related news, including quarterly results, guidance updates and conference call details, rounds out the coverage, offering information on measures such as Core Funds from Operations and Adjusted Funds from Operations.
Investors and analysts following ADC news can use this page to review historical and recent press releases related to acquisitions, development activity, portfolio metrics, financing arrangements, dividends and earnings communications.
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Agree Realty Corporation (NYSE: ADC) has announced it will release its first quarter 2023 operating results after the market closes on May 4, 2023. A conference call scheduled for May 5, 2023 at 9:00 AM ET will discuss these results. Interested parties can participate via teleconference or webcast, with call-in numbers provided for both USA and international access. The Company operates a significant portfolio of 1,839 properties across the continental United States, totaling approximately 38.1 million square feet of gross leasable area. The announcement emphasizes the Company's continued commitment to RETHINKING RETAIL through strategic acquisitions and development of net leased properties.
Agree Realty Corporation (NYSE: ADC) has announced a monthly cash dividend of $0.243 per common share, marking a 1.3% increase from the previous dividend. This change reflects an annualized dividend of $2.916 per share, up 3.8% from last year's $2.808. The dividend is set to be payable on May 12, 2023, to shareholders on record as of April 28, 2023.
Additionally, the company declared a cash dividend of $0.08854 per depositary share on its 4.25% Series A Cumulative Redeemable Preferred Stock, payable on May 1, 2023, to stockholders on record as of April 24, 2023.
On March 13, 2023, Agree Realty Corporation (NYSE: ADC) announced a monthly cash dividend of $0.240 per common share, reflecting an annualized increase of 5.7% over the prior year. The dividend will be paid on April 14, 2023, to stockholders of record by March 31, 2023. Additionally, a cash dividend of $0.08854 per depositary share on its 4.25% Series A Cumulative Redeemable Preferred Stock is also declared, payable on April 3, 2023. This commitment to dividend growth underscores the company’s stable performance and confidence in future earnings.
Agree Realty Corporation (NYSE: ADC) reported strong financial results for Q4 and full year 2022. The company invested approximately $421 million in 157 properties, achieving a 3.5% increase in Core Funds from Operations (FFO) per share to $0.96 and a 3.9% rise in Adjusted Funds from Operations (AFFO) per share to $0.95. Net income per share remained stable at $0.44. For 2022, net income rose 20.7% to $145 million, with a 7.7% increase in declared dividends totaling $2.805 per share. The company maintained a solid balance sheet with $1.5 billion in liquidity and an upgraded credit rating of Baa1. The portfolio is 99.7% leased, showcasing strong tenant quality.
Agree Realty Corporation (NYSE: ADC) announced a monthly cash dividend of $0.240 per common share, marking a 5.7% increase from the $2.724 annual dividend in Q1 2022. This reflects an annualized amount of $2.880 per share, payable on March 14, 2023, to shareholders on record by February 28, 2023. Additionally, a monthly dividend of $0.08854 per depositary share on its 4.25% Series A Cumulative Redeemable Preferred Stock is set for March 1, 2023. Shareholders should note the company’s steady performance amidst changing retail dynamics.
Agree Realty Corporation (NYSE: ADC) announced a monthly cash dividend of $0.240 per common share, marking a 5.7% increase from the previous year's annualized amount of $2.724. This results in an annualized dividend of $2.880. The dividend is scheduled for payment on February 14, 2023 to shareholders of record by January 31, 2023. Additionally, a monthly dividend of $0.08854 per preferred share will be payable on February 1, 2023 to shareholders of record by January 23, 2023.
Agree Realty Corporation (NYSE: ADC) announced it will release its fourth quarter and full year 2022 operating results on February 14, 2023, after market close. A conference call is scheduled for February 15, 2023, at 9:00 AM ET to discuss these results. Interested parties can join via teleconference or webcast. As of December 31, 2022, the company owned 1,839 properties with approximately 38.1 million square feet of gross leasable area. For more information, visit www.agreerealty.com.