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Stock impact report

Agree Realty: A Monthly Dividend REIT Worth Accumulating [Seeking Alpha]

Agree Realty Corporation (ADC) 
Last agree realty corporation earnings: 4/20 06:15 am Check Earnings Report
US:NYSE Investor Relations: agreerealty.com/invest
Company Research Source: Seeking Alpha
ADC trades below intrinsic value, supported by ramped-up investment guidance and solid AFFO growth, despite overall weakness in the macro environment. Financial strength is underpinned by low leverage, no significant debt maturities until 2028, and a manageable 4.07% average interest rate, providing flexibility, amid macro uncertainty. ADC offers a ~4.36% monthly dividend yield with a ~69% AFFO payout ratio, while its preferred shares (ADC.PR.A) offer a compelling ~6.05% yield and significant upside to par. Feverpitched/iStock via Getty Images Introduction & Financials Agree Realty Corporation ( ADC ) is one of the highest-quality and well-run net lease retail REITs, with properties all across the US, a diversified tenant base, and a solid track record of monthly dividend growth. This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of O, GTY either through stock ownership, options, or other derivatives. I wrote this articl Show less Read more
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