The Ultimate Dividend Stock to Buy With $200 Right Now

Core Viewpoint - Agree Realty is recommended as a strong dividend stock due to its high yield, growth potential, and stable business model, with the added benefit of paying monthly dividends [1] Company Overview - Agree Realty is a retail real estate investment trust (REIT) that leases properties primarily to large chain retailers, ensuring reliable rental income [2][3] - The company owns 2,370 properties across 50 states, with Walmart being its largest tenant, accounting for 6.3% of its portfolio [4] Growth Opportunities - Established in 1971, Agree Realty has a long history of reliability and significant growth opportunities due to its relatively small size [5] - The company focuses on tenants with omnichannel capabilities, integrating e-commerce with physical retail, and has launched a campaign called Rethink Retail to address misconceptions about physical retail's future [6] Acquisition Strategy - Management has identified numerous excellent properties for acquisition, having acquired $341 million worth of properties in Q4 2024, with estimated acquisition spending of$1.1 billion to $1.3 billion for 2025 [7] - The company has approximately$2 billion in liquidity, including $900 million in forward equity and$1.1 billion in revolving credit, with no material debt maturities until 2028 [8] Dividend Performance - Agree Realty offers a dividend yield of 4.2%, significantly higher than the S&P 500 average, with a compound annual growth rate of 6% over the past decade [9] - The stock has increased by 26% over the past year, with healthy growth reported despite industry challenges, including a 2.8% year-over-year increase in adjusted funds from operations in Q3 [10] Investment Perspective - As a REIT, Agree Realty is primarily viewed as a source of reliable passive income rather than a growth stock, making it a strong choice for investors seeking dividend stocks [11]