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Agree Realty Raises Monthly Dividend 3.4% to $0.271 a Share

The real estate investment trust will pay the higher distribution Nov. 13 to shareholders of record Oct. 30.

Silver token beside a miniature retail property and mailbox / TokenPost.ai
Silver token beside a miniature retail property and mailbox / TokenPost.ai

Agree Realty (NYSE: ADC) raised its monthly dividend to $0.271 per share from $0.262, increasing the distribution by 3.4% and setting a forward yield of 4.97%.

The real estate investment trust designated Oct. 30 as both the record date and ex-dividend date. Shareholders recorded by that date will qualify for the higher payment.

Agree Realty will distribute the dividend Nov. 13.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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