Agree Realty: A Rock Solid Option For Income And Safety
ADCAgree Realty(ADC) Seeking Alpha·2024-07-29 20:45
Wolterk Dear readers, Agree Realty Corporation (NYSE:ADC) has been a core holding of my REIT portfolio for over a year now, and for a good reason, as the company is arguably one of the highest quality (and safest) REITs out-there offering reliable dividend yield of 4.3%, locked-in rent growth of around 2% per year, and solid upside from multiple expansion when interest rates decline, which seems more likely by the day. Last time I covered ADC was over a year ago in an article called Safety And Income Fo ...