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Agree Realty Declares Monthly Common and Preferred Dividends

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Agree Realty (NYSE: ADC) has announced monthly dividends for both common and preferred shares. The common share dividend is $0.250 per share, payable on September 16, 2024, to stockholders of record as of August 30, 2024. This reflects an annualized dividend of $3.00 per share, a 2.9% increase from the previous year's $2.916. For the 4.25% Series A Cumulative Redeemable Preferred Stock, a monthly dividend of $0.08854 per depositary share was declared, equivalent to $1.0625 annually. This preferred dividend is payable on September 3, 2024, to stockholders of record as of August 23, 2024. The dividend increase demonstrates Agree Realty's commitment to shareholder returns and confidence in its financial position.

Agree Realty (NYSE: ADC) ha annunciato dividendi mensili per le azioni ordinarie e privilegiate. Il dividendo per azione ordinaria è di $0.250 per azione, pagabile il 16 settembre 2024, agli azionisti registrati alla data del 30 agosto 2024. Ciò rappresenta un dividendo annualizzato di $3.00 per azione, con un aumento del 2.9% rispetto ai $2.916 dell'anno precedente. Per le azioni privilegiate cumulative di serie A al 4.25%, è stato dichiarato un dividendo mensile di $0.08854 per azione di deposito, equivalente a $1.0625 annualmente. Questo dividendo privilegiato è pagabile il 3 settembre 2024, agli azionisti registrati alla data del 23 agosto 2024. L'aumento del dividendo dimostra l'impegno di Agree Realty nei confronti del rendimento per gli azionisti e la fiducia nella propria posizione finanziaria.

Agree Realty (NYSE: ADC) ha anunciado dividendos mensuales tanto para acciones comunes como preferentes. El dividendo por acción común es de $0.250 por acción, pagadero el 16 de septiembre de 2024, a los accionistas registrados al 30 de agosto de 2024. Esto refleja un dividendo anualizado de $3.00 por acción, un incremento del 2.9% respecto a los $2.916 del año anterior. Para las acciones preferentes acumulativas de la Serie A al 4.25%, se declaró un dividendo mensual de $0.08854 por acción de depósito, equivalente a $1.0625 anualmente. Este dividendo preferente se pagará el 3 de septiembre de 2024, a los accionistas registrados al 23 de agosto de 2024. El aumento del dividendo demuestra el compromiso de Agree Realty con los rendimientos para los accionistas y la confianza en su posición financiera.

Agree Realty (NYSE: ADC)는 보통주와 우선주에 대한 월 배당금을 발표했습니다. 보통주 배당금은 주당 $0.250이며, 2024년 9월 16일에 2024년 8월 30일 기준 주주에게 지급됩니다. 이는 주당 연간 배당금이 $3.00로, 지난해의 $2.916에서 2.9% 증가한 것입니다. 4.25% 시리즈 A 누적 상환 우선주에 대해서는 예탁주식당 월 배당금 $0.08854가 선언되었으며, 연간으로는 $1.0625에 해당합니다. 이 우선주 배당금은 2024년 9월 3일에 2024년 8월 23일 기준 주주에게 지급됩니다. 배당금 인상은 Agree Realty의 주주 수익에 대한 헌신과 재무 상태에 대한 신뢰를 보여줍니다.

Agree Realty (NYSE: ADC) a annoncé des dividendes mensuels pour les actions ordinaires et privilégiées. Le dividende des actions ordinaires est de $0.250 par action, payable le 16 septembre 2024 aux actionnaires enregistrés au 30 août 2024. Cela reflète un dividende annualisé de $3.00 par action, soit une augmentation de 2.9 % par rapport aux $2.916 de l'année précédente. Pour les actions privilégiées cumulatives de série A à 4.25%, un dividende mensuel de $0.08854 par action de dépôt a été déclaré, ce qui équivaut à $1.0625 par an. Ce dividende privilégié sera payable le 3 septembre 2024 aux actionnaires enregistrés au 23 août 2024. L'augmentation du dividende démontre l'engagement d'Agree Realty envers le rendement des actionnaires et la confiance dans sa situation financière.

Agree Realty (NYSE: ADC) hat monatliche Dividenden für sowohl Stamm- als auch Vorzugsaktien angekündigt. Die Dividende für Stammaktien beträgt $0.250 pro Aktie, zahlbar am 16. September 2024 an Aktionäre, die am 30. August 2024 im Buch stehen. Dies entspricht einer annualisierten Dividende von $3.00 pro Aktie, was einem Anstieg von 2.9% im Vergleich zu den $2.916 des Vorjahres entspricht. Für die 4.25% Series A kumulativ einlösbaren Vorzugsaktien wurde eine monatliche Dividende von $0.08854 pro Depotausschüttung erklärt, die jährlich $1.0625 entspricht. Diese Vorzugsdividende ist am 3. September 2024 zahlbar an Aktionäre, die am 23. August 2024 im Buch stehen. Die Erhöhung der Dividende zeigt das Engagement von Agree Realty für die Rendite der Aktionäre und das Vertrauen in die eigene Finanzlage.

Positive
  • Increased common share dividend by 2.9% to $3.00 annualized
  • Consistent monthly dividend payments for both common and preferred shares
  • Demonstrated commitment to shareholder returns
Negative
  • None.

ROYAL OAK, Mich., Aug. 13, 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 $0.250 per common share. The monthly dividend reflects an annualized dividend amount of $3.00 per common share, representing a 2.9% increase over the annualized dividend amount of $2.916 per common share from the third quarter of 2023. The dividend is payable September 16, 2024 to stockholders of record at the close of business on August 30, 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 September 3, 2024 to stockholders of record at the close of business on August 23, 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 Agree Realty's (ADC) new monthly dividend per common share?

Agree Realty (ADC) has declared a monthly cash dividend of $0.250 per common share.

When is the ex-dividend date for Agree Realty's (ADC) September 2024 common share dividend?

The ex-dividend date is not specified in the press release. Stockholders of record at the close of business on August 30, 2024, will receive the dividend payable on September 16, 2024.

How much has Agree Realty (ADC) increased its annualized dividend compared to last year?

Agree Realty (ADC) has increased its annualized dividend by 2.9%, from $2.916 per common share in the third quarter of 2023 to $3.00 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, equivalent to $1.0625 per annum.

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