Agree Realty Corporation (NYSE: ADC) declared a monthly cash dividend of $0.267 per common share, marking a 4.3% increase in its annualized payout.

The new monthly rate reflects an annualized dividend of $3.204 per common share, up from the $3.072 annualized amount recorded in the third quarter of 2025. The payout is scheduled for October 14, 2026, for stockholders of record as of the close of business on September 30, 2026.

Preferred Stock Payout

The Board also authorized a monthly cash dividend on its 4.25% Series A Cumulative Redeemable Preferred Stock. The rate is set at $0.08854 per depositary share, equivalent to $1.0625 per annum. This dividend is payable on October 1, 2026, to holders of record by September 21, 2026.

Portfolio Overview

As of June 30, 2026, Agree Realty owned and operated a portfolio of 2,825 properties across all 50 states and the District of Columbia. The gross leasable area totals approximately 59.6 million square feet, focused on net-leased retail tenants.

Agree Realty Corporation (NYSE: ADC) has raised its monthly common dividend by 4.3%, signaling confidence in its net-leased retail portfolio’s cash flow stability. The Board of Directors authorized a new monthly cash dividend of $0.267 per common share, elevating the annualized distribution to $3.204 per share. This increase follows the previous annualized rate of $3.072 per share reported in the third quarter of 2025. The move underscores the company’s commitment to returning capital to shareholders amidst its strategy of rethinking retail through omni-channel tenant acquisitions.

The common dividend is payable on September 15, 2026, to stockholders of record as of the close of business on August 31, 2026. Concurrently, the Board authorized a monthly cash dividend on its 4.25% Series A Cumulative Redeemable Preferred Stock. The preferred dividend stands at $0.08854 per depositary share, equivalent to an annualized amount of $1.0625. This preferred payment is scheduled for September 1, 2026, with the record date set for August 21, 2026.

Dividend Details

The increase in the common dividend reflects a modest but consistent growth trajectory for the real estate investment trust. By raising the annualized payout from $3.072 to $3.204, Agree Realty maintains its status as a reliable income generator for investors focused on yield and stability. The preferred dividend remains unchanged, providing a steady baseline return for holders of the 4.25% Series A Cumulative Redeemable Preferred Stock.

Portfolio Overview

As of June 30, 2026, Agree Realty owned and operated a diversified portfolio of 2,825 properties. These assets are located across all 50 states and the District of Columbia, comprising approximately 59.6 million square feet of gross leasable area. The company focuses on properties net leased to industry-leading, omni-channel retail tenants, a strategy designed to mitigate vacancy risk and ensure long-term lease commitments.

What the Numbers Show

The 4.3% year-over-year increase in the annualized common dividend suggests stable occupancy and rent collection metrics within the portfolio. While the absolute increase is modest, it indicates that management views the current cash flow generation as sufficient to support higher distributions without compromising balance sheet strength. The simultaneous maintenance of the preferred dividend highlights a disciplined approach to capital allocation, prioritizing both equity and preferred shareholders while navigating the broader retail real estate landscape.