Agree Realty Corporation (NYSE:ADC) Declares Monthly Dividend of $0. 27
Agree Realty Corporation (NYSE:ADC) declared a monthly dividend on Wednesday, July 15th. Stockholders of record on Friday, July 31st will be given a dividend of 0. 267 per share by the real estate investment trust on Friday, August 14th. This represents a c) annualized dividend and a dividend yield of 4. 1%. The ex-dividend date of this dividend is Friday, July 31st.
Agree Realty Corporation(NYSE:ADC-Get Free Report) declared a monthly dividend on Wednesday, July 15th. Stockholders of record on Friday, July 31st will be given a dividend of 0. 267 per share by the real estate investment trust on Friday, August 14th. This represents a c) dividend on an annualized basis and a dividend yield of 4. 1%. The ex-dividend date of this dividend is Friday, July 31st. 3 Stocks to Buy After Heavy Insider BuyingAgree Realty has raised its dividend by an average of 0. 1%annually over the last three years and has raised its dividend every year for the last 1 years. Agree Realty has a dividend payout ratio of 162. 4% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Agree Realty to earn $4. 67 per share next year, which means the company should continue to be able to cover its $3. 20 annual dividend with an expected future payout ratio of 68. 5%. GetAgree Realtyalerts:Agree Realty Price PerformanceADCopened at $78. 05 on Wednesday. The company has a market capitalization of $9. 37 billion, a price-to-earnings ratio of 42. 19, a PEG ratio of 2. 61 and a beta of 0. 47. The company has a current ratio of 0. 83, a quick ratio of 0. 83 and a debt-to-equity ratio of 0. 61. Agree Realty has a 12-month low of $69. 56 and a 12-month high of $82. 08. The business's fifty day simple moving average is $75. 44 and its 200-day simple moving average is $75. 75. Agree Realty (NYSE:ADC-Get Free Report) last released its quarterly earnings data on Tuesday, April 21st. The real estate investment trust reported $0. 50 earnings per share for the quarter, beating the consensus estimate of $0. 47 by $0. 03. Agree Realty had a return on equity of 3. 95% and a net margin of 29. 25%. The firm had revenue of $211. 49 million during the quarter, compared to the consensus estimate of $195. 73 million. During the same period in the previous year, the company posted $0. 42 earnings per share. The firm's quarterly revenue was up 18. 7% on a year-over-year basis. Agree Realty has set its FY 2026 guidance at 4. 540-4. 580 EPS. On average, equities research analysts anticipate that Agree Realty will post 4. 45 earnings per share for the current fiscal year. About Agree Realty(Get Free Report)Agree Realty CorporationNYSE: ADCis a publicly traded real estate investment trust headquartered in Chicago, Illinois. Founded in 1971, the company converted to a REIT structure in 2013 and focuses on acquiring, developing and managing a diversified portfolio of retail properties under long-term, triple-net (NNN) leases. Its tenant roster spans national and regional retailers in sectors such as grocery, home improvement, convenience and specialty retail. Agree Realty's primary business activities include sourcing and underwriting new property acquisitions, originating build-to-suit projects and executing value-add redevelopment programs. See AlsoFive stocks we like better than Agree RealtyMarriott vs. Viking: Why the Better Quarter Doesn't Mean the Better DecadeWhy Fastenal’s Latest Drop Could Be Its Biggest Opportunity Yet3 Overlooked Energy ETFs Delivering Strong Returns and Income3 Space Stocks That Could Outshine SpaceX After Its IPOThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat. com. Should You Invest $1,000 in Agree Realty Right Now?Before you consider Agree Realty, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified thefive stocksthat top analysts are quietly whispering to their clients to buy now before the broader market catches on. . . and Agree Realty wasn't on the list. While Agree Realty currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks HereEnter your email address and we’ll send you MarketBeat’s list of ten stocks set to soar in Summer 2026, despite the threat of tariffs and what's happening in Iran. These ten stocks are incredibly resilient and are likely to thrive in any economic environment. Get This Free Report