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Agree Realty Corporation (ADC)
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ADC Dividends

Agree Realty Corporation (ADC) pays $3.13 in dividends per share, with a current dividend yield of 4.14%. The company has dividend history for 14 consecutive years.

ADC Dividend Summary

Consecutive Years

14

Next Ex-Dividend Date

Jun 30, 2026

Next Payment Date

Jul 15, 2026

ADC Dividends per Share (Nominal History)

View full nominal table list

This step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.

ADC Dividends CAGR Chart

Agree Realty Corporation (ADC)

Annual Dividend History

YearDividend/ShareYoY Growth
2026(YTD)$1.59
2025$3.08+2.70%
2024$3.00+2.77%
2023$2.92+4.06%
2022$2.81+7.72%
2021$2.60N/A
2020$2.41+5.48%
2019$2.28N/A
2018$2.16N/A
2017$2.02+5.47%
2016$1.92+4.07%
2015$1.85+6.03%
2014$1.74+6.10%
2013$1.64+2.50%
2012$1.60+0.00%
2011$1.60-21.57%
2010$2.04+0.99%
2009$2.02+1.00%
2008$2.00+1.52%
2007$1.97+0.51%

Quarterly Dividend History

QuarterDividend/ShareYoY Growth
Q2 2026$0.80+4.30%
Q1 2026$0.79+3.56%
Q4 2025$0.79+3.56%
Q3 2025$0.77+2.40%
Q2 2025$0.77+2.40%
Q1 2025$0.76+2.43%
Q4 2024$0.76+2.43%
Q3 2024$0.75+2.88%
Q2 2024$0.75+2.88%
Q1 2024$0.74+2.92%
Q4 2023$0.74+2.92%
Q3 2023$0.73+3.85%
Q2 2023$0.73+3.85%
Q1 2023$0.72+5.73%
Q4 2022$0.72+5.73%
Q3 2022$0.70+7.83%
Q2 2022$0.70+7.83%
Q1 2022$0.68+9.66%
Q4 2021$0.68
Q3 2021$0.65
Q2 2021$0.65
Q1 2021$0.62
Q4 2020$0.62+5.98%
Q3 2020$0.60+5.26%

Dividend Yield Metrics

Current Yield
4.14%
Average Yield (TTM)
4.14%
Average Yield (3Y)
3.38%
Forward Yield on Cost (3Y)
2.34%
Forward Yield on Cost (5Y)
1.60%
Forward Yield on Cost (10Y)
0.62%

Payout Ratio Analysis

Payout Ratio (Current)
176.84%
FCF Payout Ratio
314.20%
Payout Ratio (3Y Avg)
171.12%
Payout Ratio (5Y Avg)
162.26%
FCF Payout (3Y Avg)
69.61%
FCF Payout (5Y Avg)
68.08%

For REITs, the net-income payout ratio overstates sustainability — large non-cash depreciation depresses net income, so it often reads >100%. The FCF payout ratio above (or FFO/AFFO, the REIT-standard basis) is the more meaningful gauge.

Dividend Coverage

Payout Ratio
176.8%
Dividends / net income
FCF Payout Ratio
314.2%
Dividends / free cash flow
Consecutive Years
14 years
Years with regular dividend payments
5Y Dividend Growth
-9.4%
Compound annual dividend growth

About Agree Realty Corporation

Agree Realty Corporation functions as a publicly traded Real Estate Investment Trust (REIT), concentrating its efforts on the acquisition and development of commercial properties. These assets are primarily net-leased to leading companies within the retail sector. As of September 30, 2020, the firm oversaw a substantial portfolio of 1,027 properties, which were distributed across 45 U.S. states and encompassed a total gross leasable area of approximately 21.0 million square feet. Shares of Agree Realty's common stock are available for trade on the New York Stock Exchange, identified by the ticker symbol ADC.

Royal Oak, MI
75 employees
Real Estate / REIT - Retail
Sector
Real Estate
Industry
REIT - Retail
CEO
Joel N. Agree