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How Agree Realty’s 3.6% Dividend Hike and Steady Payouts Will Impact ADC Investors

Simply Wall St·02/07/2026 12:08:10
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  • Agree Realty Corporation recently declared a monthly cash dividend of US$0.262 per common share, implying an annualized dividend of US$3.144 and marking a 3.6% increase over its first-quarter 2025 annualized level.
  • The company also reaffirmed regular monthly payments on its 4.25% Series A Cumulative Redeemable Preferred Stock, underscoring its ongoing focus on consistent income distributions to shareholders.
  • We will now examine how this 3.6% dividend increase shapes Agree Realty’s investment narrative, particularly for investors focused on reliable income.

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What Is Agree Realty's Investment Narrative?

To own Agree Realty today, you need to believe in the appeal of a retail-focused REIT that prioritizes predictable, growing income, even if that comes with a fairly full valuation and modest earnings growth. The latest 3.6% dividend uplift and reaffirmed preferred payouts reinforce the story around dependable distributions rather than changing the near-term catalysts in a major way; the real swing factor remains how Q4 2025 results on February 10 shape perceptions of growth, balance sheet strength and interest coverage. With the share price already moving higher in recent weeks, the dividend news looks more like confirmation of the existing income thesis than a new driver, while the key risk is still whether cash flows comfortably support both the common and preferred dividend streams if financing conditions stay tight.

Agree Realty's shares have been on the rise but are still potentially undervalued. Find out how large the opportunity might be.

Exploring Other Perspectives

ADC 1-Year Stock Price Chart
ADC 1-Year Stock Price Chart

Two Simply Wall St Community fair value estimates span roughly US$81.88 to a very large US$175.88, underscoring how far opinions can stretch when investors weigh income reliability against interest coverage concerns and upcoming earnings, so it is worth comparing several viewpoints before forming your own stance on Agree Realty’s potential.

Explore 2 other fair value estimates on Agree Realty - why the stock might be worth just $81.88!

Build Your Own Agree Realty Narrative

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.