Agree Realty (ADC) Dividend
Agree Realty Corporation · Real Estate · REIT - Retail · monthly payer
As of Nov 9, 2026, Agree Realty (ADC) pays a monthly dividend of $0.2710 per share, or $3.25 a year, a 4.65% yield at its $69.87 share price. It pays every month. It has raised its dividend 4 years in a row and has a dividend safety grade of B.
Forward Yield
4.65%
Annual Dividend
$3.25
Payout Ratio
164%
5-Yr Growth
-15.6%
Ex-Date
Oct 30, 2026
Frequency
Monthly
Key facts about ADC's dividend
Data as of · Source: SmarterDividends data
- As of Nov 9, 2026, Agree Realty Corporation (ADC) has a forward dividend yield of 4.65%, based on an annual dividend of $3.25 per share and a share price of $69.87.
- As of Nov 9, 2026, ADC's dividend safety grade from SmarterDividends is B (76 out of 100), which rates the dividend as safe.
- By SmarterDividends' count, Agree Realty Corporation (ADC) has raised its dividend for 4 consecutive years as of Nov 9, 2026.
- ADC last cut its regular dividend in 2011.
- ADC's most recent ex-dividend date was Oct 30, 2026, for a dividend of $0.27 per share.
- As of Nov 9, 2026, ADC pays out 164% 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 Nov 9, 2026, ADC's 4.65% yield is 10% above its five-year average yield of 4.21%.
- As of Nov 9, 2026, SmarterDividends' blended fair-value estimate for ADC is $58.86 per share, 16% below the $69.87 share price, so ADC screens as overvalued.
- Agree Realty Corporation (ADC) pays its dividend monthly, 12 times a year.
- Agree Realty Corporation (ADC) has raised its regular dividend 32 times and cut it 2 times across the 177 payments on record since 1994. Its most recent change was a 1.5% increase to $0.271 per share, going ex-dividend on Oct 30, 2026. The last cut went ex-dividend on Jan 28, 2021.
Cite this page
SmarterDividends, "ADC Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 9, 2026, https://smarterdividends.com/stocks/ADC
Is ADC a good dividend stock?
YesAgree Realty Corporation (ADC) pays a monthly dividend yielding 4.65% ($3.25/yr), with 4 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
Risks
- Cut its dividend in 2011
- Elevated payout ratio (164%)
- Dividend has been shrinking, not growing
Key Data
- Dividend Yield
- 4.65%
- Payout Ratio
- 164%
- Annual Dividend
- $3.25
- 5-Yr Avg Growth
- -15.6%
- Ex-Dividend Date
- Oct 30, 2026
- Years of Growth
- 4
- Frequency
- monthly
- Beta
- 0.39
- Market Cap
- $9.1B
- P/E Ratio
- 36.0
- 5-Yr Total Return
- 3%
- 52-Week Range
- $64.34 – $82.08
- Dividend Safety
- B · 76/100
- Ever Cut?
- Yes (2011)
ADC dividend raises and cuts
Agree Realty Corporation (ADC) has raised its regular dividend 32 times and cut it 2 times across the 177 payments on record since 1994. Its most recent change was a 1.5% increase to $0.271 per share, going ex-dividend on Oct 30, 2026. The last cut went ex-dividend on Jan 28, 2021.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Oct 30, 2026 | Raise | $0.267 → $0.271 | +1.5% |
| Apr 30, 2026 | Raise | $0.262 → $0.267 | +1.9% |
| Oct 31, 2025 | Raise | $0.256 → $0.262 | +2.3% |
| Apr 30, 2025 | Raise | $0.253 → $0.256 | +1.2% |
| Oct 31, 2024 | Raise | $0.250 → $0.253 | +1.2% |
| Apr 29, 2024 | Raise | $0.247 → $0.250 | +1.2% |
| Oct 30, 2023 | Raise | $0.243 → $0.247 | +1.6% |
| Apr 27, 2023 | Raise | $0.240 → $0.243 | +1.3% |
| Oct 28, 2022 | Raise | $0.234 → $0.240 | +2.6% |
| Apr 28, 2022 | Raise | $0.227 → $0.234 | +3.1% |
| Oct 28, 2021 | Raise | $0.217 → $0.227 | +4.6% |
| Apr 29, 2021 | Raise | $0.207 → $0.217 | +4.8% |
Show all 34 changes since 1997
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jan 28, 2021 | Cut | $0.620 → $0.207 | −66.6% |
| Dec 22, 2020 | Raise | $0.600 → $0.620 | +3.3% |
| Jun 25, 2020 | Raise | $0.585 → $0.600 | +2.6% |
| Dec 19, 2019 | Raise | $0.570 → $0.585 | +2.6% |
| Jun 27, 2019 | Raise | $0.555 → $0.570 | +2.7% |
| Dec 20, 2018 | Raise | $0.540 → $0.555 | +2.8% |
| Jun 28, 2018 | Raise | $0.520 → $0.540 | +3.8% |
| Dec 19, 2017 | Raise | $0.505 → $0.520 | +3.0% |
| Jun 28, 2017 | Raise | $0.495 → $0.505 | +2.0% |
| Dec 21, 2016 | Raise | $0.480 → $0.495 | +3.1% |
| Jun 28, 2016 | Raise | $0.465 → $0.480 | +3.2% |
| Jun 26, 2015 | Raise | $0.450 → $0.465 | +3.3% |
| Dec 19, 2014 | Raise | $0.430 → $0.450 | +4.7% |
| Mar 27, 2014 | Raise | $0.410 → $0.430 | +4.9% |
| Mar 26, 2013 | Raise | $0.400 → $0.410 | +2.5% |
| Mar 29, 2011 | Cut | $0.510 → $0.400 | −21.6% |
| Sep 28, 2009 | Raise | $0.500 → $0.510 | +2.0% |
| Dec 19, 2007 | Raise | $0.490 → $0.500 | +2.0% |
| Sep 28, 2004 | Raise | $0.485 → $0.490 | +1.0% |
| Jun 26, 2003 | Raise | $0.480 → $0.485 | +1.0% |
| Mar 26, 2003 | Raise | $0.460 → $0.480 | +4.3% |
| Sep 26, 1997 | Raise | $0.450 → $0.460 | +2.2% |
Frequently Asked Questions
Is ADC a good dividend stock?
Yes. Agree Realty Corporation (ADC) pays a monthly dividend yielding 4.65% ($3.25/yr), with 4 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
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 $58.86 versus a $69.87 share price — so it looks overvalued (-16% vs. fair value).
Is ADC's dividend safe?
ADC has a dividend-safety grade of B (76/100), based on its payout coverage, free-cash-flow, 4-year growth streak, a dividend cut in 2011, debt and yield-versus-history.
What is ADC's fair value?
Our blended fair-value estimate for ADC is about $58.86 per share, about 16% below the current $69.87 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" and overvalued. Agree Realty Corporation (ADC) pays a monthly dividend yielding 4.65% ($3.25/yr), with 4 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will ADC cut its dividend?
ADC earns a dividend-safety grade of B (76/100), and has cut its dividend before (last in 2011). 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 $3.25 per share annually, a forward yield of roughly 4.65%.
How much dividend does 100 shares of ADC pay?
At $3.25 per share a year, 100 shares of ADC pay $325.00 a year in dividends before tax, about $27.08 each month. Buying them costs about $6,987 at the Nov 9, 2026 price.
What is ADC's dividend yield?
As of Nov 9, 2026, ADC's forward dividend yield is 4.65%, based on a $3.25 annual dividend and a $69.87 share price.
What is ADC's dividend per share?
As of Nov 9, 2026, ADC pays $3.25 per share per year, distributed on a monthly basis.
What is ADC's dividend payout ratio?
As of Nov 9, 2026, ADC's payout ratio is 164% 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 Nov 9, 2026, ADC has increased its dividend for 4 consecutive years.
When is the next ADC ex-dividend date?
As of Nov 9, 2026, ADC's next ex-dividend date hasn't been announced. The most recent was Oct 30, 2026, for $0.27 per share.
ADC Price — Last 12 Months
Daily close
Price Return
1 Year
-7%
3 Years
+18%
5 Years
+3%
52-Week Range
$64.34 – $82.08
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ADC worth?
Overvaluedlow confidenceOur blended fair-value estimate for Agree Realty Corporation is $58.86 per share, versus a market price of $69.87. That implies 16% of downside.
Fair Value
$58.86
Current Price
$69.87
Downside
-16%
Margin of Safety
-19%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 8.0% discount rate (CAPM), 2.0% growth for five years fading to 2.5% over the next five, $1.94 EPS, $3.25 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ADC Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full ADC dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Oct 30, 2026 | Nov 13, 2026 | $0.2710 | regular |
| Sep 30, 2026 | Oct 14, 2026 | $0.2670 | regular |
| Aug 31, 2026 | Sep 15, 2026 | $0.2670 | regular |
| Jul 31, 2026 | Aug 14, 2026 | $0.2670 | regular |
| Jun 30, 2026 | Jul 15, 2026 | $0.2670 | regular |
| May 29, 2026 | Jun 12, 2026 | $0.2670 | regular |
| Apr 30, 2026 | May 14, 2026 | $0.2670 | regular |
| Mar 31, 2026 | Apr 15, 2026 | $0.2620 | regular |
| Feb 27, 2026 | Mar 13, 2026 | $0.2620 | regular |
| Jan 30, 2026 | Feb 13, 2026 | $0.2620 | regular |
| Dec 31, 2025 | Jan 15, 2026 | $0.2620 | regular |
| Nov 28, 2025 | Dec 12, 2025 | $0.2620 | regular |
| Oct 31, 2025 | Nov 14, 2025 | $0.2620 | regular |
| Sep 30, 2025 | Oct 14, 2025 | $0.2560 | regular |
Income Calculator
At $3.25 / yr per share
Similar Dividend Stocks
Compare ADC
Explore more
Lists and tools related to ADC
- Stocks that pay dividends in November →
- Monthly dividend stocks →
- Real Estate dividend stocks →
- ADC dividend calculator →
- ADC DRIP calculator →
- ADC: last day to buy for the dividend →
- Embed ADC dividend data on your site →
- Dividend increases & cuts this week →
- Dividend calendar →
- Dividend calculator →
- Dividend income calculator →
- DRIP calculator →
- Latest dividend cuts →
- Dividend cuts this month (research note) →
- Dividend increases this month (research note) →
- Safety score track record →
- Dividend screener →
- Dividend history lookup →
- Guide: what is a good dividend yield? →
- Guide: how to value a dividend stock →