Agree Realty Announces New Monthly Cash Dividends and Growth Plans for 2025

On March 11, 2025, Agree Realty Corporation (NYSE: ADC), a leading real estate investment trust (REIT), proudly announced the declaration of monthly cash dividends, signaling positive growth in its financial health. The company’s Board of Directors has authorized a cash dividend of $0.253 per common share, which reflects an annualized total of $3.036 per share. This increase marks a 2.4% rise from the previous year’s total annual payout of $2.964 per common share, reinforcing the company's commitment to delivering value to its shareholders.

The scheduled payment is set for April 14, 2025, to all stockholders who are on record by the close of business on March 31, 2025. In addition to regular common stock dividends, Agree Realty has also declared a monthly cash dividend for its 4.25% Series A Cumulative Redeemable Preferred Stock. This dividend is set at $0.08854 per depositary share, which amounts to approximately $1.0625 annually and is scheduled for payment on April 1, 2025, for shareholders on record by March 21, 2025.

About Agree Realty Corporation

Agree Realty Corporation has made a name for itself by “Rethinking Retail,” primarily focusing on the acquisition and development of properties that are net leased to top-tier omni-channel retail tenants. As of December 31, 2024, the company proudly managed an extensive portfolio comprising 2,370 properties, strategically located across all 50 states and encompassing around 48.8 million square feet of gross leasable area. This diverse and expansive portfolio aims to offer steady income streams and capitalize on evolving market demand.

The REIT’s strategic vision extends beyond just expanding its property holdings; it also emphasizes the importance of flexible and adaptable retail components that meet the current demands of consumers. This approach not only diversifies the risk associated with real estate investments but also positions Agree Realty favorably in the continuously changing retail landscape.

Conclusion

The recent dividend announcements exemplify Agree Realty Corporation’s dedication to shareholder returns and its ongoing strategy for sustainable growth. With an increasing dividend alongside a strong portfolio, the company is poised to navigate the complexities of the retail real estate market effectively. Investors are encouraged to stay informed as the company continues to evolve, providing steady dividends and enhancing its expansive property portfolio. For more insight on Agree Realty Corporation and its innovative retail approach, visit www.agreerealty.com.