This 4%-Yielding Dividend Stock Is Stepping on the Accelerator
Agree Realty(ADC) The Motley Fool·2024-10-24 19:06
Agree Realty offers an attractive and steadily rising stream of dividend income.Agree Realty (ADC 2.09%) has been a very consistent dividend stock over the years. The real estate investment trust (REIT) pays a monthly dividend that has grown at a 5.7% compound annual rate over the past decade. The retail REIT recently increased its monthly payment by another 1.2%, bringing its total raise over the past year to 2.4%. Its dividend currently yields 4%, which is more than triple the S&P 500's dividend yield (le ...