Agree Realty raises dividend by 4.3% to $0.267 monthly

1 min read     Updated on 09 Jun 2026, 04:24 AM
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AI Summary

Agree Realty Corporation increased its annualized dividend by 4.3% to $3.204 per share, with a monthly payout of $0.267. The company also declared a monthly dividend of $0.08854 per depositary share for its 4.25% Series A Cumulative Redeemable Preferred Stock.

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Agree Realty Corporation has increased its annualized dividend by 4.3% to $3.204 per common share, resulting in a monthly cash dividend of $0.267. This rise compares to the annualized dividend amount of $3.072 per common share from the second quarter of 2025. The dividend is payable July 15, 2026 to stockholders of record at the close of business on June 30, 2026.

Additionally, the Board of Directors declared a monthly cash dividend on its 4.25% Series A Cumulative Redeemable Preferred Stock. The payout is set at $0.08854 per depositary share, equivalent to $1.0625 per annum. This dividend is payable July 1, 2026 to stockholders of record at the close of business on June 18, 2026.

Dividend Details

Security Type Dividend Rate Record Date Payment Date
Common Share $0.267 monthly June 30, 2026 July 15, 2026
4.25% Series A Preferred Stock $0.08854 monthly June 18, 2026 July 1, 2026

Agree Realty Corporation is a publicly traded real estate investment trust focused on the acquisition and development of properties net leased to retail tenants. As of March 31, 2026, the company owned and operated a portfolio of 2,756 properties located in all 50 states, comprising approximately 57.5 million square feet of gross leasable area. The company's common stock is listed on the New York Stock Exchange under the symbol "ADC".

How will the 4.3% dividend increase impact Agree Realty's ability to fund future acquisitions?

What trends in retail tenant demand might influence the company's portfolio growth strategy?

Could rising interest rates affect the company's cost of capital and dividend sustainability?

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