#United States #dividends #NYSE #Agree Realty #Royal Oak

Agree Realty Corporation Declares Monthly Dividends

On May 13, 2025, Agree Realty Corporation (NYSE: ADC), a prominent real estate investment trust, made an important announcement concerning its dividend distribution. The Board of Directors approved a cash dividend of $0.256 per common share, signifying a thoughtful move towards enriching shareholders with regular income. This monthly dividend reflects an annualized rate of $3.072 per common share, which shows a growth of 2.4% compared to the $3.00 per share offered in the second quarter of 2024.

This increased dividend is set to be paid out on June 13, 2025, to shareholders whose names are on record as of May 30, 2025. Such a forward-thinking strategy underscores Agree Realty's commitment to enhancing shareholder value and offering consistent returns.

Additionally, the company also declared a monthly cash dividend on its 4.25% Series A Cumulative Redeemable Preferred Stock, amounting to $0.08854 per depositary share, translating to an annual dividend of $1.0625. This is to be distributed on June 2, 2025, to stockholders recorded by May 23, 2025.

About Agree Realty Corporation

Agree Realty Corporation is known for its progressive approach towards reshaping the retail landscape. The company focuses on acquiring and developing properties that are net-leased to leading omni-channel retail tenants. As of March 31, 2025, Agree Realty boasts a robust portfolio comprising 2,422 properties, all located across the United States. This impressive portfolio covers approximately 50.3 million square feet of gross leasable area, showcasing the company's capability to manage vast retail spaces effectively.

The common stock of Agree Realty is publicly traded on the New York Stock Exchange under the ticker symbol 'ADC'. The company has committed itself to a model of growth and stability, making it a notable name in the real estate investment trust (REIT) sector. For additional insights and updates regarding their innovative strategies, interested parties can visit their website at www.agreerealty.com.

Investors and market analysts are keenly observing these developments, reflecting a broader trend towards sustainable dividends in the REIT sector. As companies navigate post-pandemic recovery, dividend declarations such as these signal stronger financial health and optimism about future operations.

In summary, Agree Realty Corporation stands out not only as a leader in real estate investment but also as a company dedicated to delivering consistent returns to its investors. With its impressive portfolio and committed leadership, the firm is well-positioned for continued success and growth in the coming years.