Agree Realty Raises Its Monthly Dividend
Agree Realty Corporation (NYSE: ADC) announced a lift to its monthly cash dividend, a move that’s drawn attention from income-focused investors. The Board of Directors authorized a dividend of $0.250 per common share. At that rate, the payout annualizes to $3.00, a 2.9% increase over last year’s annualized dividend. It’s a modest bump, but a clear one—and it reinforces the company’s steady, month-in, month-out approach.
Dividend Increase Signals Confidence in the Business
The decision underscores the Board’s confidence in Agree Realty’s financial performance and strategy. It reflects a view that the company’s business can support a higher monthly payout while continuing to fund its plans for growth. The dividend will be paid on the scheduled payable date to stockholders of record as of the designated cutoff date at the close of business. If you’re on the books by that cutoff, you’ll be included.
Common Share Dividend: What to Expect
The monthly cash dividend of $0.250 per common share highlights the company’s emphasis on consistent returns. Measured across a full year, that’s $3.00, and it represents a 2.9% step up from last year’s annualized rate. For shareholders, the monthly cadence matters: it turns a corporate decision into regular, predictable cash flow. Payments will follow the company’s standard timeline—record date first, then the payable date—reinforcing confidence in the rhythm of distributions.
Preferred Shareholders Also Benefit
Agree Realty also declared a monthly cash dividend for its 4.25% Series A Cumulative Redeemable Preferred Stock. Holders will receive $0.08854 per depositary share, which annualizes to $1.0625. This preferred dividend sits alongside the common payout and signals the company’s intent to return value across its capital structure, not just to common shareholders.
About Agree Realty Corporation
Agree Realty Corporation is a real estate investment trust focused on retail properties. The company acquires and develops assets that are net leased to leading omni-channel retail tenants. As of the last update, the portfolio included 2,202 properties across 49 states, totaling approximately 45.8 million square feet of gross leasable area. Scale matters in retail real estate; so does tenant quality. The company emphasizes both.
Focused on Durable Retail
Retail is changing, and Agree Realty’s strategy is to lean into that change—selecting quality tenants, curating prime locations, and backing concepts that align with how people actually shop today. By adapting to evolving customer preferences and staying disciplined about what it owns and where, the company aims to balance stability with growth potential. That focus helps support dependable monthly dividends while leaving room to invest for the long term.
Frequently Asked Questions
What is the new monthly dividend declared by Agree Realty?
The Board authorized a monthly cash dividend of $0.250 per common share, which annualizes to $3.00.
How does the new dividend compare to previous payments?
It’s a 2.9% increase versus last year’s annualized dividend, indicating a measured rise in shareholder payouts.
What is the payout date for the common share dividend?
The dividend will be paid on the scheduled payable date to stockholders of record as of the designated cutoff date. If you’re on record by that date, you’ll receive the payment.
Is there a dividend for preferred shareholders?
Yes. The 4.25% Series A Cumulative Redeemable Preferred Stock pays $0.08854 per depositary share each month, which annualizes to $1.0625.
Where can I find more information about Agree Realty?
For additional details about the company’s operations and investments, please visit Agree Realty’s official website.
