Agree Realty Corp (ADC) has declared a quarterly dividend of $0.26 per share, payable to shareholders of record. This marks a 2.3% increase from the previous dividend amount, underscoring the company's commitment to returning capital to its investors.
The ex-dividend date is set for October 30, 2025, meaning investors must own shares prior to this date to qualify for the upcoming dividend payment. Eligible shareholders will receive their dividends on November 13, 2025. The current dividend yield stands at 1.43%, reflecting the annual dividend income relative to the stock price.
As a real estate investment trust, Agree Realty Corp engages in the ownership, acquisition, development, and management of retail properties net leased to industry tenants. The firm operates a portfolio of over 2,370 properties across 50 states, totaling approximately 48.8 million square feet of gross leasable area. Notable tenants include Walmart, Best Buy, and CVS, among others.
This dividend announcement provides insight into the company's financial health and cash flow generation. Regular dividend payments can be particularly appealing to income-focused investors, although such payments are subject to change based on business performance and management decisions. Investors are encouraged to consider the company’s dividend history, payout ratio, and overall financial health when assessing the sustainability of its dividend payments.