Agree Realty hikes dividend by 2.7%
Agree Realty (ADC) will raise its quarterly dividend by 2.7 percent to $0.57 per share in Q2 of 2019. Last year the REIT hiked its dividend by a total of 6.7 percent.
The next dividend is payable July 12, 2019 to shareholders of record at the close of business on June 28, 2019. A new annualized dividend of $2.28 per share yields 3.4% at a stock price of $66.85 for Agree Realty.
Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of properties net leased to industry-leading retail tenants. Its community shopping centers include Capital Plaza, Frankfort; Central Michigan Commons, Mount Pleasant, and West Frankfort Plaza, West Frankfort.
The next dividend is payable July 12, 2019 to shareholders of record at the close of business on June 28, 2019. A new annualized dividend of $2.28 per share yields 3.4% at a stock price of $66.85 for Agree Realty.
Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of properties net leased to industry-leading retail tenants. Its community shopping centers include Capital Plaza, Frankfort; Central Michigan Commons, Mount Pleasant, and West Frankfort Plaza, West Frankfort.