Agree Realty Corporation
ADC-PAReal Estate · Stock · monthly payer
Forward Yield
6.58%
Annual Dividend
$1.06
Payout Ratio
—
5-Yr Growth
—
Ex-Date
Sep 21, 2026
Frequency
Monthly
Summary
As of September 2026, Agree Realty Corporation (ADC-PA) yields 6.58% ($1.06 per share annually), with a blended fair-value estimate of $24.86 — +54% upside, so it screens as undervalued. Dividend safety grade: B (71/100).
Is ADC-PA a good dividend stock?
Yes, with caveatsAgree Realty Corporation (ADC-PA) pays a monthly dividend yielding 6.58% ($1.06/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 6.58%
- Payout Ratio
- —
- Annual Dividend
- $1.06
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Sep 21, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.46
- Market Cap
- —
- P/E Ratio
- 9.1
- 5-Yr Total Return
- -34%
- 52-Week Range
- $15.67 – $18.44
- Dividend Safety
- B · 71/100
- Ever Cut?
- No
Frequently Asked Questions
ADC-PA Price — Last 12 Months
Daily close
Price Return
1 Year
-8%
3 Years
+0%
5 Years
-34%
52-Week Range
$15.67 – $18.44
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ADC-PA worth?
Undervaluedlow confidenceOur blended fair-value estimate for Agree Realty Corporation is $24.86 per share, versus a market price of $16.14. That implies 54% of upside — a margin of safety of about 35%.
Fair Value
$24.86
Current Price
$16.14
Upside
+54%
Margin of Safety
35%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 7.0% discount rate (CAPM), 3.2% stage-1 growth, 2.5% terminal growth, $1.78 EPS, $1.06 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ADC-PA 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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 21, 2026 | — | $0.0885 | regular |
| Aug 21, 2026 | — | $0.0885 | regular |
| Jul 24, 2026 | — | $0.0885 | regular |
| Jun 18, 2026 | — | $0.0885 | regular |
| May 22, 2026 | — | $0.0885 | regular |
| Apr 21, 2026 | — | $0.0885 | regular |
| Mar 20, 2026 | — | $0.0885 | regular |
| Feb 20, 2026 | — | $0.0885 | regular |
| Jan 23, 2026 | — | $0.0885 | regular |
| Dec 23, 2025 | — | $0.0885 | regular |
| Nov 21, 2025 | — | $0.0885 | regular |
| Oct 24, 2025 | — | $0.0885 | regular |
| Sep 19, 2025 | — | $0.0885 | regular |
| Aug 22, 2025 | — | $0.0885 | regular |
Income Calculator
At $1.06 / yr per share
