Agree Realty Declares Increased Quarterly Cash Dividend
May 22 2017 - 8:15AM
PR Newswire (US)
BLOOMFIELD HILLS, Mich.,
May 22, 2017 /PRNewswire/
-- Agree Realty Corporation (NYSE: ADC) (the "Company")
announced today that its Board of Directors has authorized, and the
Company has declared, a quarterly cash dividend of $0.505 per common share. This is the
Company's 93rd consecutive cash dividend and represents
a 2.0% increase over the Company's previous quarterly
dividend. The dividend is payable July
14, 2017 to shareholders of record at the close of business
on June 30, 2017.
About Agree Realty
Corporation
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. The Company currently owns and operates a portfolio
of 386 properties, located in 43 states and containing
approximately 7.4 million square feet of gross leasable
space. The common stock of Agree Realty Corporation is listed
on the New York Stock Exchange under the symbol "ADC". For
additional information, please visit
www.agreerealty.com.
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SOURCE Agree Realty Corporation
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