Dividend investing has a long, successful track record that makes it one of the best strategies investors can use. The best dividend growth stocks to buy tend to be those that regularly raise their shareholder payout. The asset managers at Hartford Funds looked at the performance of the benchmark S&P 500 going all the way back to 1930, and found that dividends contributed 40% to the total return of the index over that 91-year period. Reinvesting dividends in the benchmark, coupled with the power of compound ...

A falling stock price has made Agree Realty an even more attractive passive-income investment. Agree Realty (ADC -1.44%) has become a magnificent dividend stock over the past decade. The real estate investment trust (REIT) has grown its dividend at a 5.6% compound annual rate during that period. It also switched from making quarterly dividend payments to a monthly schedule, increasing its attractiveness to those seeking a recurring income stream. Despite Agree Realty's success, shares of the REIT have slump ...

ROYAL OAK, Mich., May 6, 2024 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that its operating partnership, Agree Limited Partnership (the "Operating Partnership"), priced a public offering of $450 million of its 5.625% senior unsecured notes due 2034 (the "Notes"). The public offering price for the Notes was 98.827% of the principal amount for an effective yield to maturity of 5.779%. The Notes will be senior unsecured obligations of the Operating Partnership, guarant ...

Predrag Vuckovic Real Estate Weekly Outlook U.S. equity markets rebounded this week from their worst weekly decline in a year despite a continued uplift in benchmark interest rates, as a solid start to corporate earnings season counteracted disappointing economic data. Ahead of the Fed's policy meeting in the week ahead, markets were confounded - albeit temporarily - by a "jarring" GDP report that showed a return of "stagflationary" trends of weakening growth and sticky inflation in early 2024, a report tha ...

Rawf8 Yet another sign of the creeping decay of America's manufacturing base. That's what the people of the sleepy, historic town of Winnsboro, South Carolina thought when they heard that their town's television factory -- the last of its kind across all 50 states -- would soon shutter and lay off 126 of its 134 full-time employees. Yet another American factory lost to foreign competition. Or was it? As we'll discuss below, the case of the Winnsboro TV factory does not really fit the traditional narrative o ...

财务数据和关键指标变化 - 第一季度核心FFO为每股1.01美元,同比增长3.5% [1][2] - 第一季度AFFO每股为1.03美元,同比增长4.6% [2] - 公司全年AFFO每股指引为4.10-4.13美元,中值同比增长4.2% [1][2] 各条业务线数据和关键指标变化 - 第一季度公司完成50个高质量零售净租赁物业的投资,加权平均收益率达7.7%,环比和同比分别提高50和100个基点 [1][2] - 公司在第一季度完成或在建20个开发和DFP项目,总预计成本约8200万美元 [1][2] - 公司在第一季度出售6处资产,加权平均收益率约6.2% [1][2] 各个市场数据和关键指标变化 - 公司看到佛罗里达州1031交易活动相对整体市场较高 [9][10] - 公司将继续在佛罗里达等地区出售一些非核心资产,并以150个基点的价差再投资 [9][10] 公司战略和发展方向及行业竞争 - 公司将继续专注于最佳零售商,保持严格的投资标准,不会提高风险偏好 [3][4] - 公司将继续与零售商合作,提高运营效率,降低成本 [1] - 公司将利用自身的数据环境和行业关系,主动挖掘独特的投资机会 [1][2] - 公司将继续通过开发和DFP项目为零售商提供解决方案,但会谨慎定价考虑项目期限风险 [8][10] 管理层对经营环境和未来前景的评论 - 管理层认为当前宏观环境充满不确定性,但公司有信心通过执行力和资产组合优势实现可靠的长期收益增长 [1][2] - 公司将继续保持灵活和机会主义的策略,利用自身优势在当前市场环境下寻找独特的投资机会 [1][2] 问答环节重要的提问和回答 问题1 **RJ Milligan 提问** 为什么公司首次提供AFFO指引? [1][2] **Joey Agree 回答** 公司希望在当前不确定的宏观环境下,向投资者展示自身的执行力和收益增长能力 [1][2] 问题2 **Nick Joseph 提问** 第一季度收购收益率环比大幅提升的原因? [3][4] **Joey Agree 回答** 公司保持严格的投资标准,不会提高风险偏好,收益率提升主要是通过内部努力实现的 [3][4] 问题3 **Ronald Kamdem 提问** 公司对未来坏账准备的预期? [6] **Peter Coughenour 回答** 公司在指引中保守地预计了50个基点的坏账准备,高于历史平均水平的25个基点 [6]

Colin Anderson Productions pty ltd/DigitalVision via Getty Images Agree Realty Overview Let's set the stage appropriately before diving into recent financials. The net lease sector is deep and growing rapidly. As the sector grows, net lease REITs of all shapes and sizes have appeared. Each carries a unique value proposition and business model that management believes will deliver success to shareholders. There is even a net lease exchange-traded fund called the Fundamental Income Net Lease Real Estate ETF ( ...

财务表现 - Agree Realty（ADC）报告的第一季度营收为1.4945亿美元，同比增长18%[1] - 每股收益为1.03美元，较去年同期的0.44美元有所增长[1] - 营收超出Zacks Consensus Estimate 1.07%，每股收益超出预期 1.98%[1] 公司业绩 - Agree Realty在最近报告的季度中表现如下： - 租金收入为1.4942亿美元，高于四位分析师平均估值的1.4734亿美元，同比增长18%[4] - 租金收入-运营成本补偿为1.647万美元，高于两位分析师平均估值的1.58万美元，同比增长8.7%[5] - 其他收入为0.03万美元，高于两位分析师平均估值的0.02万美元，同比增长244.4%[6] - 每股稀释净收益为0.43美元，低于三位分析师平均估值的0.44美元[6] 股票表现 - Agree Realty股票过去一个月的回报率为+1.5%，表现优于Zacks S&P 500综合指数的-4.2%变化[7]

财务表现 - Agree Realty (ADC)在本季度的FFO为每股1.03美元，超过了Zacks Consensus Estimate的1.01美元[1] - 公司在过去四个季度中，有两次超过了FFO的共识预期[2] - Agree Realty在2024年3月结束的季度实现了1.07%的营收增长，达到了1.4945亿美元，超过了Zacks Consensus Estimate[3] 股价走势 - 公司股价的短期走势将主要取决于管理层在财报电话会议中的评论[4]

Exhibit 99.1 32301 Woodward Ave. Royal Oak, MI 48073 www.agreerealty.com FOR IMMEDIATE RELEASE Agree Realty Corporation Reports First Quarter 2024 Results Introduces 2024 AFFO Per Share Guidance of $4.10 to $4.13 Royal Oak, MI, April 23, 2024 -- Agree Realty Corporation (NYSE: ADC) (the “Company”) today announced results for the quarter ended March 31, 2024. All per share amounts included herein are on a diluted per common share basis unless otherwise stated. First Quarter 2024 Financial and Operating Highl ...