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Agree Realty Declares Monthly Common and Preferred Dividends

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Agree Realty (NYSE: ADC) announced its Board of Directors has declared a monthly cash dividend of $0.253 per common share, reflecting an annualized dividend of $3.036 per share. This represents a 2.4% increase over the previous year's fourth-quarter annualized dividend of $2.964 per share. The dividend is payable on December 13, 2024 to stockholders recorded as of November 29, 2024.

The Board also declared a monthly 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 December 2, 2024 to stockholders recorded as of November 22, 2024.

Agree Realty (NYSE: ADC) ha annunciato che il suo Consiglio di Amministrazione ha dichiarato un dividendo mensile in contante di $0.253 per azione ordinaria, che corrisponde a un dividendo annualizzato di $3.036 per azione. Questo rappresenta un aumento del 2,4% rispetto al dividendo annualizzato del quarto trimestre dello scorso anno di $2.964 per azione. Il dividendo sarà pagato il 13 dicembre 2024 agli azionisti registrati al 29 novembre 2024.

Il Consiglio ha inoltre dichiarato un dividendo mensile sulla sua Serie A di azioni privilegiate cumulative riscattabili al 4,25% di $0.08854 per azione depositaria, equivalente a $1.0625 all'anno, pagabile il 2 dicembre 2024 agli azionisti registrati al 22 novembre 2024.

Agree Realty (NYSE: ADC) anunció que su Junta Directiva ha declarado un dividendo mensual en efectivo de $0.253 por acción común, lo que refleja un dividendo anualizado de $3.036 por acción. Esto representa un incremento del 2.4% comparado con el dividendo anualizado del cuarto trimestre del año pasado de $2.964 por acción. El dividendo se pagará el 13 de diciembre de 2024 a los accionistas registrados hasta el 29 de noviembre de 2024.

La Junta también declaró un dividendo mensual sobre su acción preferente acumulativa rescatable serie A del 4.25% de $0.08854 por acción de depósito, equivalente a $1.0625 anuales, pagadero el 2 de diciembre de 2024 a los accionistas registrados hasta el 22 de noviembre de 2024.

Agree Realty (NYSE: ADC)는 이사회가 매월 현금 배당금으로 주당 $0.253를 선언했으며, 연간 배당금으로 주당 $3.036에 해당한다고 발표했습니다. 이는 지난해 4분기 연간 배당금이 주당 $2.964였던 것에 비해 2.4% 증가한 것입니다. 배당금은 2024년 12월 13일2024년 11월 29일 기준의 주주들에게 지급될 예정입니다.

이사회는 또한 4.25% 시리즈 A 누적 상환 우선주에 대한 예탁주당 $0.08854의 월 배당금을 선언했으며, 이는 연간 $1.0625에 해당하며, 2024년 12월 2일2024년 11월 22일 기준의 주주들에게 지급될 예정입니다.

Agree Realty (NYSE: ADC) a annoncé que son Conseil d'Administration a déclaré un dividende mensuel en espèces de 0,253 $ par action ordinaire, reflétant un dividende annualisé de 3,036 $ par action. Cela représente une augmentation de 2,4% par rapport au dividende annualisé du quatrième trimestre de l'année précédente de 2,964 $ par action. Le dividende sera payable le 13 décembre 2024 aux actionnaires enregistrés au 29 novembre 2024.

Le Conseil a également déclaré un dividende mensuel sur ses actions privilégiées cumulatives remboursables de série A à 4,25% de 0,08854 $ par action de dépôt, équivalent à 1,0625 $ par an, payable le 2 décembre 2024 aux actionnaires enregistrés au 22 novembre 2024.

Agree Realty (NYSE: ADC) hat angekündigt, dass der Verwaltungsrat eine monatliche Bardividende von $0.253 pro Stammaktie erklärt hat, was einer annualisierten Dividende von $3.036 pro Aktie entspricht. Dies stellt eine Steigerung von 2,4% im Vergleich zur annualisierten Dividende im vierten Quartal des Vorjahres von $2.964 pro Aktie dar. Die Dividende ist am 13. Dezember 2024 an Aktionäre zahlbar, die am 29. November 2024 registriert sind.

Der Verwaltungsrat erklärte außerdem eine monatliche Dividende für seine 4,25% Series A kumulierten rückzahlbaren Vorzugsaktien von $0.08854 pro Depotaktie, was einem Jahresbetrag von $1.0625 entspricht, zahlbar am 2. Dezember 2024 an Aktionäre, die bis zum 22. November 2024 registriert sind.

Positive
  • Agree Realty increased its annualized dividend by 2.4% to $3.036 per common share.
  • Monthly dividend payments provide consistent income for shareholders.
Negative
  • The increase in dividends could impact the company's cash reserves.

ROYAL OAK, Mich., Nov. 12, 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. 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 December 13, 2024 to stockholders of record at the close of business on November 29, 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 December 2, 2024 to stockholders of record at the close of business on November 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 September 30, 2024, the Company owned and operated a portfolio of 2,271 properties, located in 49 states and containing approximately 47.2 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 declared by Agree Realty (ADC)?

Agree Realty declared a new monthly dividend of $0.253 per common share.

When is the dividend payment date for Agree Realty's common shares?

The dividend payment date for Agree Realty's common shares is December 13, 2024.

What is the record date for Agree Realty's common share dividend?

The record date for Agree Realty's common share dividend is November 29, 2024.

How much is the annualized dividend for Agree Realty's common shares after the increase?

The annualized dividend for Agree Realty's common shares is $3.036 after the increase.

What is the monthly dividend for Agree Realty's Series A Preferred Stock?

The monthly dividend for Agree Realty's Series A Preferred Stock is $0.08854 per depositary share.

When is the payment date for Agree Realty's Series A Preferred Stock dividend?

The payment date for Agree Realty's Series A Preferred Stock dividend is December 2, 2024.

Agree Realty Corporation

NYSE:ADC

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7.55B
101.69M
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13.24%
REIT - Retail
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United States of America
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