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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 shareholders. The Board of Directors declared a monthly cash dividend of $0.250 per common share, payable on October 15, 2024, to stockholders of record as of September 30, 2024. This represents an annualized dividend of $3.00 per common share, a 2.9% increase from the previous year's third quarter.

Additionally, the company 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. This dividend is payable on October 1, 2024, to stockholders of record as of September 20, 2024.

Agree Realty (NYSE: ADC) ha annunciato dividendi mensili per azionisti comuni e privilegiati. Il Consiglio di Amministrazione ha dichiarato un dividendo mensile in contante di $0.250 per azione comune, pagabile il 15 ottobre 2024, agli azionisti registrati al 30 settembre 2024. Questo rappresenta un dividendo annualizzato di $3.00 per azione comune, con un incremento del 2.9% rispetto al terzo trimestre dell'anno precedente.

Inoltre, la società ha dichiarato un dividendo mensile in contante di $0.08854 per azione depositaria sul suo 4.25% Serie A Azioni Preferenziali Cumulabili Riscattabili, equivalente a $1.0625 all'anno. Questo dividendo è pagabile il 1° ottobre 2024, agli azionisti registrati al 20 settembre 2024.

Agree Realty (NYSE: ADC) ha anunciado dividendos mensuales para accionistas comunes y preferentes. La Junta Directiva declaró un dividendo en efectivo mensual de $0.250 por acción común, pagadero el 15 de octubre de 2024, a los accionistas registrados hasta el 30 de septiembre de 2024. Esto representa un dividendo anualizado de $3.00 por acción común, un aumento del 2.9% en comparación con el tercer trimestre del año pasado.

Además, la compañía declaró un dividendo en efectivo mensual de $0.08854 por acción depositaria sobre sus acciones preferentes acumulativas redimibles de la serie A al 4.25%, equivalente a $1.0625 por año. Este dividendo es pagadero el 1 de octubre de 2024, a los accionistas registrados hasta el 20 de septiembre de 2024.

Agree Realty (NYSE: ADC)는 보통주 및 우선주 주주를 위한 월배당금을 발표했습니다. 이사회는 보통주당 월 현금 배당금 $0.250을 선언하였으며, 이는 2024년 10월 15일에 2024년 9월 30일 기준 주주에게 지급됩니다. 이는 보통주당 연간 배당금 $3.00을 나타내며, 전년 동기 대비 2.9% 증가한 수치입니다.

또한, 회사는 4.25% 시리즈 A 누적 전환 우선주에 대해 우선주당 월 현금 배당금 $0.08854를 선언하였으며, 이는 연간 $1.0625에 해당합니다. 이 배당금은 2024년 10월 1일에 2024년 9월 20일 기준 주주에게 지급됩니다.

Agree Realty (NYSE: ADC) a annoncé des dividendes mensuels pour les actionnaires ordinaires et privilégiés. Le Conseil d'administration a déclaré un dividende mensuel en espèces de $0.250 par action ordinaire, payable le 15 octobre 2024, aux actionnaires inscrits au 30 septembre 2024. Cela représente un dividende annualisé de $3.00 par action ordinaire, soit une augmentation de 2,9 % par rapport au troisième trimestre de l'année précédente.

De plus, la société a déclaré un dividende mensuel en espèces de $0.08854 par action dépositaire sur ses actions préférentielles cumulables remboursables de série A à 4,25 %, équivalant à $1.0625 par an. Ce dividende sera payable le 1er octobre 2024, aux actionnaires inscrits au 20 septembre 2024.

Agree Realty (NYSE: ADC) hat monatliche Dividenden für gewöhnliche und bevorzugte Aktionäre angekündigt. Der Vorstand hat eine monatliche Bardividende von $0.250 pro Stammaktie erklärt, die am 15. Oktober 2024 an die Aktionäre, die bis zum 30. September 2024 im Aktienregister stehen, ausgezahlt wird. Dies entspricht einer annualisierten Dividende von $3.00 pro Stammaktie und stellt einen Anstieg von 2,9 % gegenüber dem dritten Quartal des Vorjahres dar.

Darüber hinaus hat das Unternehmen eine monatliche Bardividende von $0.08854 pro Depotanteil auf seine 4,25 % Serie A kumulierten einlösbaren Vorzugsaktien erklärt, was $1.0625 pro Jahr entspricht. Diese Dividende ist am 1. Oktober 2024 an die Aktionäre auszuzahlen, die bis zum 20. September 2024 im Aktienregister stehen.

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

ROYAL OAK, Mich., Sept. 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 $0.250 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 October 15, 2024 to stockholders of record at the close of business on September 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 October 1, 2024 to stockholders of record at the close of business on September 20, 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

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 payment date for Agree Realty's (ADC) common share dividend?

The common share dividend is payable on October 15, 2024, to stockholders of record as of September 30, 2024.

How much has Agree Realty (ADC) increased its annualized dividend?

Agree Realty (ADC) has increased its annualized dividend by 2.9%, from $2.916 to $3.00 per common share.

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

Agree Realty (ADC) 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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7.67B
100.63M
1.82%
106.34%
8.15%
REIT - Retail
Real Estate Investment Trusts
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United States of America
ROYAL OAK