|Bid||67.55 x 1200|
|Ask||70.97 x 800|
|Day's Range||69.00 - 71.42|
|52 Week Range||54.94 - 72.68|
|Beta (5Y Monthly)||0.32|
|PE Ratio (TTM)||40.80|
|Earnings Date||May 03, 2021|
|Forward Dividend & Yield||2.60 (3.78%)|
|Ex-Dividend Date||Apr 29, 2021|
|1y Target Est||76.77|
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 $0.217 per common share. The monthly dividend reflects an annualized dividend amount of $2.604 per common share, representing an 8.5% increase over the annualized dividend amount of $2.400 per common share from the second quarter of 2020. The dividend is payable May 14, 2021 to stockholders of record at the close of business on April 30, 2021.
Most dividend stocks pay their investors quarterly. Three in the real estate sector investors should consider this month are Agree Realty (NYSE: ADC), Gladstone Land (NYSE: LAND), and STAG Industrial (NYSE: STAG). The retail REIT, or real estate investment trust, currently pays $0.207 per share each month, which implies a 3.7% yield at the current share price.
Agree Realty Corporation (NYSE: ADC) (the "Company") today announced its progress on March rent collections.