Agree Realty Declares Quarterly Cash Dividend
February 28 2017 - 4:01PM
PR Newswire (US)
BLOOMFIELD HILLS, Mich.,
Feb. 28, 2017 /PRNewswire/ -- Agree
Realty Corporation (NYSE: ADC) (the "Company") announced today that
its Board of Directors has authorized, and the Company has
declared, a quarterly cash dividend of $0.495 per common share, an increase of 6.5% over
the quarterly dividend declared in the first quarter of 2016.
This is the Company's 92nd consecutive cash dividend.
The dividend is payable April 14,
2017 to shareholders of record at the close of business on
March 31, 2017.
About Agree Realty Corporation
Agree Realty
Corporation is a publicly traded real estate investment trust
primarily engaged in the acquisition and development of properties
net leased to industry-leading retail tenants. The Company
currently owns and operates a portfolio of 368 properties, located
in 43 states and containing approximately 7.1 million square feet
of gross leasable space. The common stock of Agree Realty
Corporation is listed on the New York Stock Exchange under the
symbol "ADC". For additional information, please visit
www.agreerealty.com.
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SOURCE Agree Realty Corporation
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