Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q Mark One ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024, or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number 001-12928 AGREE REALTY CORPORATION (Exact name of registrant as specified in its charter) Maryland 38-3148187 (Stat ...

Dragon ClawsDear subscribers, The time has come for me to show you my top-tier REIT picks for this year. The companies that I invest in, and expect to outperform for the next few years, all the while paying me a solid level of dividends during the time of generating that outperformance. We've seen instability lately across the REIT space, and this instability has also and continues to include companies that I have been beating the drum for some time - almost a year. Many REITs are in a position where, w ...

Tom WernerIntroduction On June 30, 2023, we published a comparative article between Spirit Realty and Agree Realty Corporation (NYSE:ADC) and supported a “buy” recommendation for both equities. In this article, we are going to review the underpinnings of Agree’s business model in light of Q4 2023 earnings and justify a change in the recommendation to a “hold”. We start by quantifying Agree’s ability to generate economic profit under the current macroeconomic conditions. In particular, we look at the dif ...

imagedepotpro Introduction With the latest CPI report showing inflation remaining sticky, a June rate cut like many were predicting is likely out the window. But this creates a great opportunity for us income investors, as now is a perfect time to buy stocks at discount prices. At least in the REIT sector (XLRE). However, for those who invest in the BDC sector like myself, many of their share prices will likely trend higher from here over the next few months as a result of the report. In this article, I ...

Dividend investing has proved itself to be one of the best, most reliable strategies to amassing wealth. Because stocks beat out every other asset class over the long haul, and dividend-paying stocks outperform those that don’t make a payout, you will position yourself for generating riches by buying dividend growth stocks.However, you shouldn’t just buy any dividend growth stocks. That are lots of income stocks that will cut or suspend their payout at the slightest sign of turmoil. On the other end are com ...

One of the best ways to protect your portfolio, and generate consistent income is with higher-yielding real estate investment trusts (REITs). In fact, we're going to look at seven of the best REITs to buy in April below. Look at Realty Income (NYSE:O), for example. Known as The Monthly Dividend Company, Realty Income will pay you every month to hold its stock. Yielding 5.86%, the company just declared a new dividend of 25.7 cents, which is payable on April 15 to shareholders of record as of April 1. This is ...

zimmytws Do you need a March Madness update now that we're officially into April? The clock is ticking, the field is narrowing, and there's plenty to talk about in the NCAA basketball world… including off the court. If you read my last article on the subject - "My 'Sweet 16' REITs Revealed" - you already know March Madness "is an annual opportunity to learn humility." I say that because, every year, millions of people put down on paper who they think will win each and every match right up to the end. And ev ...

zimmytws/iStock via Getty Images The NCAA’s March Madness tournament is an annual opportunity to learn humility. I know I’ve written about this in past years, but the odds of filling out a perfect bracket are astronomical. It’s worth addressing again in 2024, starting with a quote from the NCAA itself. Early in March, while everyone was speculating about who’d be eligible for placement to begin with, it wrote how: “Every year, millions of people fill out a bracket for the NCAA tournament. If you’re like ...

triloks Welcome back to my weekly variety show! Two of my favorite sectors of the stock market are enjoying a nice rally over the last few days. Those two sectors are Real Estate (VNQ) and Utilities (XLU). (Yes, I know -- REITs and utilities. I'm really popular at cocktail parties.) Data by YCharts This mini-rally has coincided with a drop in the 10-year Treasury rate from its recent high of 4.34% to today's level of 4.2%. Well-capitalized, investment grade REITs and utilities are definitely able to gro ...

Economic Outlook - The economy is expected to return to a state of slow growth, disinflation, and low interest rates, moving past the strong post-COVID recovery phase [2][3] - Structural forces favor low inflation rather than high inflation, despite current lagged CPI data not reflecting this yet [2] - Interest rates are being held up primarily by the Federal Reserve rather than Treasury issuance, with expectations of rate cuts as CPI continues to decline [3][4] Market Sentiment - Investor sentiment is currently highly bullish, particularly towards a small group of technology stocks, with significant fund flows into technology ETFs [5][6] - Comparisons are being made between the current market environment and the 2000 dot-com bubble, although there are notable differences in earnings and valuations [6][8][10] Sector Performance - Defensive sectors are underperforming relative to technology stocks, with high-quality, dividend-paying stocks not seeing long-term outperformance [6][10] - The valuation spread between REITs and the broader market has widened, indicating potential opportunities in the real estate sector [12] Investment Opportunities - A selection of stocks is highlighted for potential investment, including: - **Agree Realty (ADC)**: A net lease REIT with a 5.3% dividend yield and strong management [13] - **Bar Harbor Bank (BHB)**: A regional bank with a 4.4% dividend yield and stable loan performance [14][15] - **Clearway Energy Inc. (CWEN)**: A renewable energy producer with a strong backing and potential for growth as interest rates decline [16][17] - **InvenTrust Properties (IVT)**: A grocery-anchored shopping center REIT with significant rent growth and occupancy rates [18][19] - **Rexford Industrial (REXR)**: Focused on Southern California industrial properties, expected to stabilize and recover [20][21] - **VICI Properties (VICI)**: A REIT owning iconic Las Vegas properties with a 5.7% dividend yield [22] - **Corporación Inmobiliaria Vesta (VTMX)**: A Mexican REIT with strong growth potential and a pristine balance sheet [23][25]