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Agree Realty Declares Increased Monthly Common Dividend

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Agree Realty (NYSE: ADC) has announced an increase in its monthly cash dividend for common shareholders. The new dividend of $0.253 per common share represents a 1.2% month-over-month increase and a 2.4% year-over-year growth. This translates to an annualized dividend amount of $3.036 per common share, up from $2.964 in the fourth quarter of 2023.

The dividend is payable on November 14, 2024, to stockholders of record as of October 31, 2024. Additionally, the company declared a monthly cash dividend on its 4.25% Series A Cumulative Redeemable Preferred Stock of $0.08854 per depositary share, equivalent to $1.0625 per annum, payable on November 1, 2024, to stockholders of record as of October 22, 2024.

Agree Realty (NYSE: ADC) ha annunciato un aumento del suo dividendo mensile in contante per gli azionisti comuni. Il nuovo dividendo di $0.253 per azione comune rappresenta un aumento dell'1,2% mese su mese e una crescita del 2,4% anno su anno. Ciò si traduce in un importo annualizzato del dividendo di $3.036 per azione comune, in aumento rispetto ai $2.964 del quarto trimestre del 2023.

Il dividendo è pagabile il 14 novembre 2024, agli azionisti registrati al 31 ottobre 2024. Inoltre, la società ha dichiarato un dividendo mensile in contante sulla sua azione privilegiata cumulativa redimibile di Serie A del 4.25% di $0.08854 per azione di deposito, equivalente a $1.0625 all'anno, pagabile il 1 novembre 2024, agli azionisti registrati al 22 ottobre 2024.

Agree Realty (NYSE: ADC) ha anunciado un aumento en su dividendo mensual en efectivo para los accionistas comunes. El nuevo dividendo de $0.253 por acción común representa un aumento del 1.2% con respecto al mes anterior y un crecimiento del 2.4% en comparación al año anterior. Esto se traduce en un importe anualizado del dividendo de $3.036 por acción común, en comparación con los $2.964 del cuarto trimestre de 2023.

El dividendo se pagará el 14 de noviembre de 2024, a los accionistas registrados a partir del 31 de octubre de 2024. Además, la compañía declaró un dividendo mensual en efectivo sobre su acción preferente acumulativa redimible de Serie A del 4.25% de $0.08854 por acción de depósito, equivalente a $1.0625 anuales, que se pagará el 1 de noviembre de 2024, a los accionistas registrados a partir del 22 de octubre de 2024.

Agree Realty (NYSE: ADC)는 일반 주주를 위한 월 현금 배당금 인상을 발표했습니다. 새로운 배당금은 $0.253 per 일반 주식으로, 전월 대비 1.2% 증가하였고 전년 대비 2.4% 성장하였습니다. 이것은 연환산 배당금이 $3.036 per 일반 주식으로, 2023년 4분기의 $2.964에서 증가한 수치입니다.

배당금은 2024년 11월 14일에 지급되며, 2024년 10월 31일 기준의 주주들에게 지급됩니다. 또한, 회사는 4.25% 시리즈 A 누적 상환 전환 우선주에 대해 $0.08854 per 예탁주식의 월 현금 배당금을 선언했으며, 이는 연간 $1.0625에 해당합니다. 이 배당금은 2024년 11월 1일에 지급되며, 2024년 10월 22일 기준의 주주들에게 지급됩니다.

Agree Realty (NYSE: ADC) a annoncé une augmentation de son dividende mensuel en espèces pour les actionnaires ordinaires. Le nouveau dividende de 0,253 $ par action ordinaire représente une augmentation de 1,2 % par rapport au mois précédent et une croissance de 2,4 % par rapport à l'année précédente. Cela se traduit par un montant de dividende annualisé de 3,036 $ par action ordinaire, en hausse par rapport à 2,964 $ au quatrième trimestre 2023.

Le dividende sera payable le 14 novembre 2024, aux actionnaires inscrits à la date du 31 octobre 2024. De plus, la société a déclaré un dividende mensuel en espèces sur ses actions privilégiées cumulables remboursables de série A de 4,25% de 0,08854 $ par action de dépôt, équivalant à 1,0625 $ par an, payable le 1er novembre 2024, aux actionnaires inscrits à la date du 22 octobre 2024.

Agree Realty (NYSE: ADC) hat eine Erhöhung seiner monatlichen Bar-Dividende für Stammaktionäre angekündigt. Die neue Dividende von 0,253 $ pro Stammaktie stellt einen monatlichen Anstieg von 1,2% und ein Jahreswachstum von 2,4% dar. Dies entspricht einem annualisierten Dividendenbetrag von 3,036 $ pro Stammaktie, gegenüber 2,964 $ im vierten Quartal 2023.

Die Dividende ist am 14. November 2024 zahlbar an die Aktionäre, die am 31. Oktober 2024 im Aktienregister stehen. Darüber hinaus erklärte das Unternehmen eine monatliche Bar-Dividende auf seine 4,25%-Serie A kumulierten rückzahlbaren Vorzugsaktien von 0,08854 $ pro Depotaktie, was 1,0625 $ pro Jahr entspricht, zahlbar am 1. November 2024, an die Aktionäre, die am 22. Oktober 2024 im Aktienregister stehen.

Positive
  • Increased monthly cash dividend for common shareholders by 1.2% month-over-month
  • 2.4% year-over-year growth in annualized dividend amount
  • New annualized dividend of $3.036 per common share, up from $2.964 in Q4 2023
Negative
  • None.

Increase Results in 2.4% Year-Over-Year Growth and Annualized Dividend of $3.036 Per Share

ROYAL OAK, Mich., Oct. 10, 2024  /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.253 per common share, representing a 1.2% month-over-month increase. The monthly dividend reflects an annualized dividend amount of $3.036 per common share, representing a 2.4% increase over the annualized dividend amount of $2.964 per common share from the fourth quarter of 2023. The dividend is payable November 14, 2024 to stockholders of record at the close of business on October 31, 2024. 

Additionally, the Company's Board of Directors has authorized, and the Company has declared, a monthly cash dividend on its 4.25% Series A Cumulative Redeemable Preferred Stock of $0.08854 per depositary share, which is equivalent to $1.0625 per annum. The dividend is payable November 1, 2024 to stockholders of record at the close of business on October 22, 2024. 

About Agree Realty Corporation

Agree Realty Corporation is a publicly traded real estate investment trust that is RETHINKING RETAIL through the acquisition and development of properties net leased to industry-leading, omni-channel retail tenants. As of June 30, 2024, the Company owned and operated a portfolio of 2,202 properties, located in 49 states and containing approximately 45.8 million square feet of gross leasable area. The Company's common stock is listed on the New York Stock Exchange under the symbol "ADC".  For additional information on the Company and RETHINKING RETAIL, please visit www.agreerealty.com.

 

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SOURCE Agree Realty Corporation

FAQ

What is the new monthly dividend amount for Agree Realty (ADC)?

Agree Realty (ADC) has declared a new monthly cash dividend of $0.253 per common share.

When will Agree Realty (ADC) pay its next common stock dividend?

The next common stock dividend for Agree Realty (ADC) is payable on November 14, 2024, to stockholders of record as of October 31, 2024.

How much has Agree Realty (ADC) increased its dividend year-over-year?

Agree Realty (ADC) has increased its annualized dividend by 2.4% year-over-year, from $2.964 to $3.036 per common share.

What is the dividend amount for Agree Realty 's (ADC) preferred stock?

Agree Realty (ADC) has declared a monthly cash dividend of $0.08854 per depositary share on its 4.25% Series A Cumulative Redeemable Preferred Stock.

Agree Realty Corporation

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8.35B
101.69M
1.77%
111.24%
12.87%
REIT - Retail
Real Estate Investment Trusts
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United States of America
ROYAL OAK