Agree Realty Corporation

Agree Realty Corporation

ADCยทNYSE

$72.03

-0.66%
Real EstateREIT - Retail

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. As of September 30, 2020, the Company owned and operated a portfolio of 1,027 properties, located in 45 states and containing approximately 21.0 million square feet of gross leasable area. The Company's common stock is listed on the New York Stock Exchange under the symbol ADC.

At a Glance

Live Snapshot
Market Cap$8.65B
EPS1.7700
P/E Ratio39.03
Earnings Date07/30/2026
0.02%
Dividend Yield
-98%
3Y-98.0%
5Y-99.0%
10Y-98.0%
3.09%
Dividend Payout Ratio
-98%
3Y-98.0%
5Y-98.0%
10Y-97.0%
3Y-97.0%
5Y-97.0%
10Y-81.0%
Agree Realty Corporation

Agree Realty Corporation Dividend History

ADC ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

ADC Dividend Payment History

ADC ยท NYSE

Total Payments

50

Latest Dividend

$0.2670

Annual Amount

$3.3860

Frequency

Monthly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
May 12, 2026
May 29, 2026Jun 12, 2026
$0.2670
$0.2670
Monthly0.00%
Apr 9, 2026
Apr 30, 2026May 14, 2026
$0.2670
$0.2670
Monthly+1.91%
Mar 10, 2026
Mar 31, 2026Apr 15, 2026
$0.2620
$0.2620
Monthly0.00%
Feb 5, 2026
Feb 27, 2026Mar 13, 2026
$0.2620
$0.2620
Monthly0.00%
Jan 13, 2026
Jan 30, 2026Feb 13, 2026
$0.2620
$0.2620
Monthly0.00%
Dec 11, 2025
Dec 31, 2025Jan 15, 2026
$0.2620
$0.2620
Monthly0.00%
Nov 11, 2025
Nov 28, 2025Dec 12, 2025
$0.2620
$0.2620
Monthly0.00%
Oct 14, 2025
Oct 31, 2025Nov 14, 2025
$0.2620
$0.2620
Monthly+2.34%
Sep 9, 2025
Sep 30, 2025Oct 14, 2025
$0.2560
$0.2560
Monthly0.00%
Aug 12, 2025
Aug 29, 2025Sep 15, 2025
$0.2560
$0.2560
Monthly0.00%
Jul 10, 2025
Jul 31, 2025Aug 14, 2025
$0.2560
$0.2560
Monthly0.00%
Jun 10, 2025
Jun 30, 2025Jul 15, 2025
$0.2560
$0.2560
Monthly0.00%
May 13, 2025
May 30, 2025Jun 13, 2025
$0.2560
$0.2560
Monthly0.00%
Apr 10, 2025
Apr 30, 2025May 14, 2025
$0.2560
$0.2560
Monthly+1.19%
Mar 11, 2025
Mar 31, 2025Apr 14, 2025
$0.2530
$0.2530
Monthly0.00%
Feb 6, 2025
Feb 28, 2025Mar 14, 2025
$0.2530
$0.2530
Monthly0.00%
Jan 14, 2025
Jan 31, 2025Feb 14, 2025
$0.2530
$0.2530
Monthly0.00%
Dec 12, 2024
Dec 31, 2024Jan 15, 2025
$0.2530
$0.2530
Monthly0.00%
Nov 12, 2024
Nov 29, 2024Dec 13, 2024
$0.2530
$0.2530
Monthly0.00%
Oct 10, 2024
Oct 31, 2024Nov 14, 2024
$0.2530
$0.2530
Monthly+1.20%
Sep 10, 2024
Sep 30, 2024Oct 15, 2024
$0.2500
$0.2500
Monthly0.00%
Aug 13, 2024
Aug 30, 2024Sep 16, 2024
$0.2500
$0.2500
Monthly0.00%
Jul 11, 2024
Jul 31, 2024Aug 14, 2024
$0.2500
$0.2500
Monthly0.00%
Jun 11, 2024
Jun 28, 2024Jul 15, 2024
$0.2500
$0.2500
Monthly0.00%
May 14, 2024
May 31, 2024Jun 14, 2024
$0.2500
$0.2500
Monthly0.00%
Apr 8, 2024
Apr 30, 2024May 14, 2024
$0.2500
$0.2500
Monthly+1.21%
Mar 12, 2024
Mar 28, 2024Apr 12, 2024
$0.2470
$0.2470
Monthly0.00%
Feb 8, 2024
Feb 29, 2024Mar 14, 2024
$0.2470
$0.2470
Monthly0.00%
Jan 11, 2024
Jan 31, 2024Feb 14, 2024
$0.2470
$0.2470
Monthly0.00%
Dec 12, 2023
Dec 29, 2023Jan 16, 2024
$0.2470
$0.2470
Monthly0.00%
Nov 9, 2023
Nov 30, 2023Dec 14, 2023
$0.2470
$0.2470
Monthly0.00%
Oct 12, 2023
Oct 31, 2023Nov 14, 2023
$0.2470
$0.2470
Monthly+1.65%
Sep 12, 2023
Sep 29, 2023Oct 13, 2023
$0.2430
$0.2430
Monthly0.00%
Aug 10, 2023
Aug 31, 2023Sep 14, 2023
$0.2430
$0.2430
Monthly0.00%
Jul 17, 2023
Jul 31, 2023Aug 14, 2023
$0.2430
$0.2430
Monthly0.00%
Jun 14, 2023
Jun 30, 2023Jul 14, 2023
$0.2430
$0.2430
Monthly0.00%
May 11, 2023
May 31, 2023Jun 14, 2023
$0.2430
$0.2430
Monthly0.00%
Apr 13, 2023
Apr 28, 2023May 12, 2023
$0.2430
$0.2430
Monthly+1.25%
Mar 13, 2023
Mar 31, 2023Apr 14, 2023
$0.2400
$0.2400
Monthly0.00%
Feb 13, 2023
Feb 28, 2023Mar 14, 2023
$0.2400
$0.2400
Monthly0.00%
Jan 12, 2023
Jan 31, 2023Feb 14, 2023
$0.2400
$0.2400
Monthly0.00%
Dec 13, 2022
Dec 30, 2022Jan 13, 2023
$0.2400
$0.2400
Monthly0.00%
Nov 14, 2022
Nov 30, 2022Dec 14, 2022
$0.2400
$0.2400
Monthly0.00%
Oct 13, 2022
Oct 31, 2022Nov 14, 2022
$0.2400
$0.2400
Monthly+2.56%
Sep 13, 2022
Sep 30, 2022Oct 14, 2022
$0.2340
$0.2340
Monthly0.00%
Aug 11, 2022
Aug 31, 2022Sep 14, 2022
$0.2340
$0.2340
Monthly0.00%
Jul 12, 2022
Jul 29, 2022Aug 12, 2022
$0.2340
$0.2340
Monthly0.00%
Jun 14, 2022
Jun 30, 2022Jul 14, 2022
$0.2340
$0.2340
Monthly0.00%
May 12, 2022
May 31, 2022Jun 14, 2022
$0.2340
$0.2340
Monthly0.00%
Apr 12, 2022
Apr 29, 2022May 13, 2022
$0.2340
$0.2340
Monthly-
adc

Agree Realty Corporation Payout Ratio Analysis

ADC ยท NYSE
Dividends Paid
-348.09M
2025
Net Income
204.35M
2025
Payout Ratio
170.34%
2025

Dividend Sustainability Analysis

Payout Ratio
170.34%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
69.0%

Solid FCF coverage. Dividend appears sustainable with reasonable cushion for maintaining capital expenditures and handling temporary setbacks.

Dividend Growth
-11.9%

Significant dividend reduction signals serious challenges. Company prioritizing financial stability over shareholder returns. High risk of further cuts.

Sustainability
Good

Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.

Key Insight

Recent dividend cut signals distress: Management forced to reduce payout, indicating financial pressure. Evaluate whether business challenges are temporary or structural before reinvesting.