|Bid||0.00 x 1100|
|Ask||0.00 x 1400|
|Day's Range||64.26 - 65.60|
|52 Week Range||45.23 - 80.51|
|Beta (5Y Monthly)||0.26|
|PE Ratio (TTM)||35.21|
|Earnings Date||Feb 18, 2021|
|Forward Dividend & Yield||2.48 (3.85%)|
|Ex-Dividend Date||Jan 28, 2021|
|1y Target Est||76.81|
Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.207 per common share. This represents the Company's inaugural monthly cash dividend. The new monthly dividend reflects an annualized dividend amount of $2.484 per common share, representing a 6.2% increase over the annualized dividend amount of $2.340 per common share from the first quarter of 2020. The dividend is payable February 12, 2021 to shareholders of record at the close of business on January 29, 2021.
Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that it will release its fourth quarter and full year 2020 operating results after the market closes on Thursday, February 18, 2021. A conference call to discuss the Company's operating results is scheduled for Friday, February 19, 2021 at 9:00 AM ET. Interested parties and shareholders may access the call via teleconference or webcast:
Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that it has priced an underwritten public offering of 3,000,000 shares of its common stock for expected gross proceeds of approximately $195 million, before deducting estimated offering expenses. The closing of the offering is expected to occur on or about January 11, 2021, subject to the satisfaction of customary closing conditions. In connection with the offering, the Company expects to grant the underwriter a 30-day option to purchase up to an additional 450,000 shares of common stock.