GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Agree Realty Corp (NYSE:ADC) » Definitions » Dividends per Share

Agree Realty (Agree Realty) Dividends per Share : $2.94 (TTM As of Mar. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Agree Realty Dividends per Share?

Agree Realty's dividends per share for the three months ended in Mar. 2024 was $0.74. Its dividends per share for the trailing twelve months (TTM) ended in Mar. 2024 was $2.94. Its Dividend Payout Ratio for the three months ended in Mar. 2024 was 1.63. As of today, Agree Realty's Dividend Yield % is 5.09%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Agree Realty Corp is 1.65, which seems too high.

Good Sign:

Agree Realty Corp stock dividend yield is close to 5-year high.

During the past 12 months, Agree Realty's average Dividends Per Share Growth Rate was 3.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Agree Realty was 13.50% per year. The lowest was -7.50% per year. And the median was 2.00% per year.

For more information regarding to dividend, please check our Dividend Page.


Agree Realty Dividends per Share Historical Data

The historical data trend for Agree Realty's Dividends per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Agree Realty Dividends per Share Chart

Agree Realty Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividends per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.28 2.41 2.60 2.81 2.92

Agree Realty Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividends per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.72 0.73 0.73 0.74 0.74

Competitive Comparison of Agree Realty's Dividends per Share

For the REIT - Retail subindustry, Agree Realty's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Agree Realty's Dividend Yield % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Agree Realty's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Agree Realty's Dividend Yield % falls into.



Agree Realty Dividends per Share Calculation

Dividends paid to per common share.


Agree Realty  (NYSE:ADC) Dividends per Share Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Agree Realty's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.741/ 0.454
=1.63

During the past 13 years, the highest Dividend Payout Ratio of Agree Realty was 1.66. The lowest was 1.05. And the median was 1.41.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Agree Realty Corp is 1.65, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Agree Realty Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2472024-03-272024-03-282024-04-12Cash DividendmonthlyUSD:USD 1.000000
USD 0.2472024-02-282024-02-292024-03-14Cash DividendmonthlyUSD:USD 1.000000
USD 0.2472024-01-302024-01-312024-02-14Cash DividendmonthlyUSD:USD 1.000000
USD 0.2472023-12-282023-12-292024-01-16Cash DividendmonthlyUSD:USD 1.000000
USD 0.2472023-11-292023-11-302023-12-14Cash DividendmonthlyUSD:USD 1.000000
USD 0.2472023-10-302023-10-312023-11-14Cash DividendmonthlyUSD:USD 1.000000
USD 0.2432023-09-282023-09-292023-10-13Cash DividendmonthlyUSD:USD 1.000000
USD 0.2432023-08-302023-08-312023-09-14Cash DividendmonthlyUSD:USD 1.000000
USD 0.2432023-07-282023-07-312023-08-14Cash DividendmonthlyUSD:USD 1.000000
USD 0.2432023-06-292023-06-302023-07-14Cash DividendmonthlyUSD:USD 1.000000
USD 0.2432023-05-302023-05-312023-06-14Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.


Agree Realty's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.697/57.77
=4.67 %

Current Share Price is $57.77.
Agree Realty's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.697.

During the past 13 years, the highest Dividend Yield of Agree Realty was 6.42%. The lowest was 2.86%. And the median was 4.07%.

Good Sign:

Agree Realty Corp stock dividend yield is close to 5-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Agree Realty Dividends per Share Related Terms

Thank you for viewing the detailed overview of Agree Realty's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Agree Realty (Agree Realty) Business Description

Traded in Other Exchanges
Address
70 East Long Lake Road, Bloomfield Hills, MI, USA, 48304
Agree Realty Corporation operates as a fully integrated real estate investment trust mainly focused on the ownership, acquisition, development and management of retail properties net leased to industry-leading tenants. The Company is mainly in the business of acquiring, developing and managing retail real estate. Some of its properties in the portfolio include Walmart, 7-Eleven, Wawa, Gerber Collision and others.
Executives
Richard Agree officer: Chief Executive Officer 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48334
John Jr Rakolta director 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304
Greg Lehmkuhl director 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304
Joey Agree officer: Chief Operating Officer 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48034
Craig Erlich officer: CHIEF OPERATING OFFICER 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304-2324
Peter Coughenour officer: CHIEF FINANCIAL OFFICER 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304
Stephen Breslin officer: Chief Accounting Officer 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304
David A. Wolff officer: CHIEF ACCOUNTING OFFICER 70 E. LONG LAKE RD., BLOOMFIELD HILLS MI 48304-2324
Karen Dearing director 27777 FRANKLIN ROAD, SUITE 200, SOUTHFIELD MI 48034
Nicole Witteveen officer: EVP, PEOPLE & CULTURE 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304
Michael Judlowe director 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304
Michael Hollman director 7930 JONES BRANCH DRIVE, SUITE 1124, MCLEAN VA 22102
Jerome R Rossi director 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304-2324
Danielle M Spehar officer: GENERAL COUNSEL 70 E. LONG LAKE RD, BLOOMFIELD HILLS MI 48304
Merrie S. Frankel director 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48034