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Agree Realty Corporation (ADC)
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The payout ratio for Agree Realty Corporation (ADC) stock is 176.84% over the past 12 months. ADC has a payout ratio of 176.8%, based on $3.13 of dividends per share and $1.86 of EPS.

REIT note: for real-estate investment trusts the net-income payout ratio overstates the dividend, because large non-cash depreciation depresses GAAP earnings. REITs are evaluated on FFO / AFFO payout (the industry standard) and on the FCF payout — a payout above 100% here is normal for a REIT and is not, by itself, a sign the dividend is unsafe.

ADC Payout Ratio History

Annual Payout Ratio History

YearEPSDividendPayout Ratio
2025$1.77$3.08174.1%
2024$1.79$3.00167.6%
2023$1.70$2.92171.7%
2022$1.84$2.81152.4%
2021$1.79$2.60145.5%
2020$1.76$2.41136.6%
2019$1.96$2.28116.3%
2018$1.81$2.16119.1%
2017$2.09$2.0296.9%
2016$1.97$1.9297.5%
2015$2.17$1.8585.0%
2014$1.24$1.74140.3%
2013$1.51$1.64108.6%
2012$1.63$1.6098.2%
2011$0.99$1.60161.6%
2010$1.54$2.04132.5%
2009$2.20$2.0291.8%
2008$1.91$2.00104.7%
2007$2.02$1.9797.5%
2006$1.84$1.96106.5%
2005$2.15$1.9691.2%
2004$2.03$1.9596.1%
2003$1.63$1.94118.7%
2002$1.99$1.8492.5%
2001$1.81$1.84101.7%
2000$1.61$1.84114.3%
1999$1.56$1.84117.9%
1998$1.40$1.84131.4%
1997$1.41$1.82129.1%
1996$1.41$1.80127.7%

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