{"id":415337,"date":"2021-01-14T16:08:35","date_gmt":"2021-01-14T21:08:35","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=415337"},"modified":"2021-01-14T16:08:35","modified_gmt":"2021-01-14T21:08:35","slug":"agree-realty-declares-inaugural-monthly-cash-dividend","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/agree-realty-declares-inaugural-monthly-cash-dividend\/","title":{"rendered":"Agree Realty Declares Inaugural Monthly Cash Dividend"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p \/>\n<p>\n        <span class=\"xn-location\">BLOOMFIELD HILLS, Mich.<\/span>, <span class=\"xn-chron\">Jan. 14, 2021<\/span> \/PRNewswire\/ &#8212;<b>\u00a0<\/b>Agree Realty Corporation (NYSE: ADC) (the &#8220;Company&#8221;) today announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of <span class=\"xn-money\">$0.207<\/span> per common share. This represents the Company&#8217;s inaugural monthly cash dividend. The new monthly dividend reflects an annualized dividend amount of <span class=\"xn-money\">$2.484<\/span> per common share, representing a 6.2% increase over the annualized dividend amount of <span class=\"xn-money\">$2.340<\/span> per common share from the first quarter of 2020. The dividend is payable <span class=\"xn-chron\">February 12, 2021<\/span> to shareholders of record at the close of business on <span class=\"xn-chron\">January 29, 2021<\/span>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/454296\/Agree_Realty_Corporation_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/454296\/Agree_Realty_Corporation_Logo.jpg\" title=\"(PRNewsfoto\/Agree Realty Corporation)\" alt=\"(PRNewsfoto\/Agree Realty Corporation)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <b>About Agree Realty Corporation<\/b>\n      <\/p>\n<p>Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of properties net leased to industry-leading retail tenants.\u00a0 As of <span class=\"xn-chron\">December 31, 2020<\/span>, the Company owned and operated a portfolio of 1,129 properties, located in 46 states and containing approximately 22.7 million square feet of gross leasable area.\u00a0 The Company&#8217;s common stock is listed on the New York Stock Exchange under the symbol &#8220;ADC&#8221;.\u00a0 For additional information, please visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3037983-1&amp;h=193064489&amp;u=http%3A%2F%2Fwww.agreerealty.com%2F&amp;a=www.agreerealty.com\" rel=\"nofollow noopener noreferrer\">www.agreerealty.com<\/a>.\u00a0\u00a0\u00a0 <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DE49363&amp;sd=2021-01-14\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/agree-realty-declares-inaugural-monthly-cash-dividend-301208786.html\">http:\/\/www.prnewswire.com\/news-releases\/agree-realty-declares-inaugural-monthly-cash-dividend-301208786.html<\/a><\/p>\n<p>SOURCE  Agree Realty Corporation<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DE49363&amp;Transmission_Id=202101141605PR_NEWS_USPR_____DE49363&amp;DateId=20210114\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire BLOOMFIELD HILLS, Mich., Jan. 14, 2021 \/PRNewswire\/ &#8212;\u00a0Agree Realty Corporation (NYSE: ADC) (the &#8220;Company&#8221;) 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&#8217;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. About Agree Realty Corporation Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/agree-realty-declares-inaugural-monthly-cash-dividend\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Agree Realty Declares Inaugural Monthly Cash Dividend&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-415337","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Agree Realty Declares Inaugural Monthly Cash Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/agree-realty-declares-inaugural-monthly-cash-dividend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Agree Realty Declares Inaugural Monthly Cash Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire BLOOMFIELD HILLS, Mich., Jan. 14, 2021 \/PRNewswire\/ &#8212;\u00a0Agree Realty Corporation (NYSE: ADC) (the &#8220;Company&#8221;) 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&#8217;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. 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