Agree Realty Corporation Announces Monthly Dividend of $0.27 (NYSE:ADC)

Posted by Brenda Bartman on Jul 15th, 2026

Agree Realty Corporation (NYSE:ADC – Get Free Report) announced a monthly dividend on Tuesday, July 14th. Investors of record on Friday, July 31st will be paid a dividend of 0.267 per share by the real estate investment trust on Friday, August 14th. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Friday, July 31st.

Agree Realty has raised its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 1 consecutive years. Agree Realty has a dividend payout ratio of 162.4% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Agree Realty to earn $4.67 per share next year, which means the company should continue to be able to cover its $3.20 annual dividend with an expected future payout ratio of 68.5%.

Agree Realty Stock Down 0.7%

Shares of Agree Realty stock opened at $78.05 on Wednesday. Agree Realty has a 52-week low of $69.56 and a 52-week high of $82.08. The company has a 50 day moving average of $75.44 and a 200 day moving average of $75.75. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.61. The company has a market capitalization of $9.37 billion, a P/E ratio of 42.19, a P/E/G ratio of 2.61 and a beta of 0.47.

Agree Realty (NYSE:ADC – Get Free Report) last posted its quarterly earnings results on Tuesday, April 21st. The real estate investment trust reported $0.50 EPS for the quarter, topping the consensus estimate of $0.47 by $0.03. The company had revenue of $211.49 million during the quarter, compared to analysts’ expectations of $195.73 million. Agree Realty had a net margin of 29.25% and a return on equity of 3.95%. The firm’s revenue was up 18.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.42 EPS. Agree Realty has set its FY 2026 guidance at 4.540-4.580 EPS. As a group, research analysts forecast that Agree Realty will post 4.45 EPS for the current fiscal year.

Insiders Place Their Bets

In other Agree Realty news, Chairman Richard Agree bought 5,000 shares of Agree Realty stock in a transaction dated Thursday, June 4th. The stock was acquired at an average cost of $71.41 per share, with a total value of $357,050.00. Following the completion of the acquisition, the chairman owned 90,512 shares of the company’s stock, valued at approximately $6,463,461.92. This represents a 5.85% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Joey Agree bought 13,295 shares of Agree Realty stock in a transaction dated Thursday, May 14th. The stock was acquired at an average cost of $75.41 per share, with a total value of $1,002,575.95. Following the completion of the acquisition, the chief executive officer directly owned 675,105 shares of the company’s stock, valued at approximately $50,909,668.05. The trade was a 2.01% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have acquired 19,045 shares of company stock valued at $1,415,943. Insiders own 1.80% of the company’s stock.

Hedge Funds Weigh In On Agree Realty

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its position in Agree Realty by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 15,731,141 shares of the real estate investment trust’s stock worth $1,133,114,000 after acquiring an additional 84,568 shares during the period. Cohen & Steers Inc. increased its holdings in shares of Agree Realty by 4.8% in the fourth quarter. Cohen & Steers Inc. now owns 14,094,952 shares of the real estate investment trust’s stock valued at $1,015,324,000 after purchasing an additional 649,301 shares during the period. State Street Corp increased its holdings in shares of Agree Realty by 1.6% in the fourth quarter. State Street Corp now owns 5,884,291 shares of the real estate investment trust’s stock valued at $425,350,000 after purchasing an additional 91,766 shares during the period. Principal Financial Group Inc. raised its stake in shares of Agree Realty by 5.4% during the first quarter. Principal Financial Group Inc. now owns 4,526,088 shares of the real estate investment trust’s stock worth $341,180,000 after purchasing an additional 232,532 shares during the last quarter. Finally, Centersquare Investment Management LLC raised its stake in shares of Agree Realty by 13.9% during the fourth quarter. Centersquare Investment Management LLC now owns 3,299,172 shares of the real estate investment trust’s stock worth $237,639,000 after purchasing an additional 402,943 shares during the last quarter. Hedge funds and other institutional investors own 97.83% of the company’s stock.

About Agree Realty

(Get Free Report)

Agree Realty Corporation (NYSE: ADC) is a publicly traded real estate investment trust headquartered in Chicago, Illinois. Founded in 1971, the company converted to a REIT structure in 2013 and focuses on acquiring, developing and managing a diversified portfolio of retail properties under long-term, triple-net (NNN) leases. Its tenant roster spans national and regional retailers in sectors such as grocery, home improvement, convenience and specialty retail.

Agree Realty’s primary business activities include sourcing and underwriting new property acquisitions, originating build-to-suit projects and executing value-add redevelopment programs.