SmarterDividends
ADC

Agree Realty Corporation

ADC

Real Estate · REIT - Retail · Stock · monthly payer

$65.41

Fairly valued · -9% Add to Portfolio

Forward Yield

4.90%

Annual Dividend

$3.14

Payout Ratio

169%

5-Yr Growth

-15.6%

Ex-Date

Sep 30, 2026

Frequency

Monthly

Key facts about ADC's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 14, 2026, Agree Realty Corporation (ADC) has a forward dividend yield of 4.90%, based on an annual dividend of $3.14 per share and a share price of $65.41.
  • As of Oct 14, 2026, ADC's dividend safety grade from SmarterDividends is C (60 out of 100), which rates the dividend as borderline.
  • By SmarterDividends' count, Agree Realty Corporation (ADC) has raised its dividend for 4 consecutive years as of Oct 14, 2026.
  • ADC last cut its regular dividend in 2021.
  • ADC's most recent ex-dividend date was Sep 30, 2026, for a dividend of $0.27 per share.
  • As of Oct 14, 2026, ADC pays out 169% of its trailing 12-month earnings as dividends (its payout ratio).
  • ADC's dividend has shrunk at an average rate of 15.6% a year over the past five years.
  • As of Oct 14, 2026, ADC's 4.90% yield is 16% above its five-year average yield of 4.21%.
  • As of Oct 14, 2026, SmarterDividends' blended fair-value estimate for ADC is $59.48 per share, 9% below the $65.41 share price, so ADC screens as fairly valued.
  • Agree Realty Corporation (ADC) pays its dividend monthly, 12 times a year.
Cite this page

SmarterDividends, "ADC Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 14, 2026, https://smarterdividends.com/stocks/ADC

Summary

As of Oct 14, 2026, Agree Realty Corporation (ADC) yields 4.90% ($3.14 a year per share), has a dividend safety grade of C (60/100) and has 4 consecutive years of dividend increases on record.

Is ADC a good dividend stock?

Yes, with caveats

Agree Realty Corporation (ADC) pays a monthly dividend yielding 4.90% ($3.14/yr), with 4 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

    Risks

    • Cut its dividend in 2021
    • Elevated payout ratio (169%)
    • Dividend has been shrinking, not growing
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    4.90%
    Payout Ratio
    169%
    Annual Dividend
    $3.14
    5-Yr Avg Growth
    -15.6%
    Ex-Dividend Date
    Sep 30, 2026
    Years of Growth
    4
    Frequency
    monthly
    Beta
    0.42
    Market Cap
    $8.2B
    P/E Ratio
    35.2
    5-Yr Total Return
    -7%
    52-Week Range
    $64.43 – $82.08
    Dividend Safety
    C · 60/100
    Ever Cut?
    Yes (2021)
    ADC ex-dividend date & scheduleNext ex-date Sep 30, 2026 · full ex-dividend historyView →ADC dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is ADC a good dividend stock?

    Yes, with caveats. Agree Realty Corporation (ADC) pays a monthly dividend yielding 4.90% ($3.14/yr), with 4 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

    Is ADC undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, ADC's fair value is about $59.48 versus a $65.41 share price — so it looks fairly valued (-9% vs. fair value).

    Is ADC's dividend safe?

    ADC has a dividend-safety grade of C (60/100), based on its payout coverage, free-cash-flow, 4-year growth streak, a dividend cut in 2021, debt and yield-versus-history.

    What is ADC's fair value?

    Our blended fair-value estimate for ADC is about $59.48 per share, about 9% below the current $65.41 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is ADC a buy, hold, or sell?

    We don't issue formal ratings, but on the data ADC screens as "yes, with caveats" and fairly valued. Agree Realty Corporation (ADC) pays a monthly dividend yielding 4.90% ($3.14/yr), with 4 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

    Will ADC cut its dividend?

    ADC earns a dividend-safety grade of C (60/100), and has cut its dividend before (last in 2021). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does ADC pay a dividend?

    Yes. Agree Realty Corporation pays a monthly dividend of about $3.14 per share annually, a forward yield of roughly 4.90%.

    What is ADC's dividend yield?

    As of Oct 14, 2026, ADC's forward dividend yield is 4.90%, based on a $3.14 annual dividend and a $65.41 share price.

    What is ADC's dividend per share?

    As of Oct 14, 2026, ADC pays $3.14 per share per year, distributed on a monthly basis.

    What is ADC's dividend payout ratio?

    As of Oct 14, 2026, ADC's payout ratio is 169% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has ADC grown its dividend?

    As of Oct 14, 2026, ADC has increased its dividend for 4 consecutive years.

    When is the next ADC ex-dividend date?

    As of Oct 14, 2026, ADC's next ex-dividend date hasn't been announced. The most recent was Sep 30, 2026, for $0.27 per share.

    Income Calculator

    At $3.14 / yr per share

    Per payment (monthly)$26.18
    Annual$314.10
    Monthly avg$26.18

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