Hoya Capital

Agree Realty (ADC)

Net Lease | Retail & Restaurant

Company Fundamentals

Hoya research data: Updated Nov 10, 2026, 3:00 AM ET

Alpha Vantage company information: Updated Nov 10, 2026, 2:00 AM ET

Agree Realty (ADC) is tracked in the Hoya Capital REIT and real estate database, classified under Net Lease with a Retail & Restaurant focus. The company came public in 1994. It is categorized as a Mid-Cap name in the database. The company has an equity market capitalization of approximately $9.1 billion. Shares recently traded near $70.20 with a dividend yield of about 4.63 percent. The company pays dividends on a monthly schedule with a forward annual dividend rate of $3.25 per share. Its FFO payout ratio is roughly 70 percent. The dividend was raised by about 3.9 percent over the past year. The stock is priced at roughly 15.0 times estimated 2026 funds from operations. Balance sheet leverage stands near 5.0 times debt to EBITDA. S&P rates the company's credit at BBB+. Moody's rates the company's credit at Baa1. The next scheduled ex-dividend date on file is 2026-11-30. Its management structure is listed as internal in the database. This profile includes fundamentals, dividend history and valuation data from Hoya Capital's research database. Figures reflect their source update dates where available and may change with subsequent research updates.

Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of net leased properties to industry leading retail tenants.

Use the REIT directory to explore Agree Realty alongside other companies tracked in the database, or visit the sector research hub for coverage of the broader property sector.

Dividend History

Annual dividends per share
YearDividends per share ($)
2016$1.89
2017$2.00
2018$2.12
2019$2.25
2020$2.37
2021$2.37
2022$2.766
2023$2.871
2024$2.982
2025$3.054
2026$3.252

Annual dividends per share as recorded in the research database, in dollars. The table does not identify individual payment dates or distinguish completed-year totals from estimates. These historical database values are not a guarantee of future distributions.

Company website: www.agreerealty.com