sankai Investment thesis Agree Realty Corporation (NYSE:ADC) delivered impressive AFFO per share growth rates in recent years and pays an attractive, growing, and well-covered monthly dividend yielding ~5%. Although I don't expect significant price movements without major shifts in the economic conditions (considering ADC's current P/FFO multiple), I believe that the Company is highly likely to outperform its peers (like Realty Income (O) or NNN REIT (NNN)) on a total return basis in the upcoming years. ...