Core Viewpoint - Agree Realty Corporation (NYSE:ADC) is recognized as one of the highest paying monthly dividend stocks, reflecting its strong dividend performance and stability in the retail real estate sector [1]. Group 1: Company Overview - Agree Realty Corporation is a net-lease REIT that owns free-standing retail properties, including grocery stores, home improvement chains, dollar stores, and pharmacies, which remain popular even during economic downturns [3]. - The company has transitioned from quarterly to monthly dividend payments since 2021, which may appear as a cut but has resulted in consistent annual payout increases since the 2008-09 financial crisis [4]. Group 2: Dividend Performance - Over the past decade, the dividend has grown at an annual rate of 5.3%, with two increases in 2025 already pushing the payout 3.6% higher [5]. - On December 11, the company declared a monthly dividend of $0.262 per share, indicating ongoing commitment to returning value to shareholders [5]. Group 3: Future Outlook - Agree Realty Corporation plans to invest up to $1.65 billion in new properties in 2025, suggesting a focus on growth and expansion in its portfolio [5].
Mizuho Modestly Adjusts Valuation on Agree Realty (ADC)