News Spotlight: Agree Realty Corporation (NYSE:ADC)

Agree Realty Corporation (NYSE:ADC) stock identified change of 49.84% away from 52-week low price and recently located move of 0.74% off 52-week high price. It has market worth of $3176.8M and dividend yield of 3.00%. ADC stock has been recorded 11.59% away from 50 day moving average and 16.25% away from 200 day moving average. Moving closer, we can see that shares have been trading 5.54% off 20-day moving average.

On Sept. 04, 2019, Agree Realty Corporation (NYSE:ADC) released that its Board of Directors has authorized, and the Company has declared, a quarterly cash dividend of $0.570 per common share. This is the Company’s 102nd consecutive cash dividend and represents a 5.6% increase over the quarterly dividend declared in the third quarter of 2018. The dividend is payable October 11, 2019 to shareholders of record at the close of business on September 27, 2019.  

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 765 properties, located in 46 states and containing approximately 13.6 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.

 The Financial sector company, Agree Realty Corporation noticed change of 1.58% to $76 along volume of 205614 shares in recent session compared to an average volume of 283.97K. The stock observed return of 3.35% in 5 days trading activity. The stock was at 12.94% over one month performance. ADC’s shares are at 13.55% for the quarter and driving a 33.17% return over the course of the past year and is now at 28.55% since this point in 2018.   The average volatility for the week at 1.17% and for month was at 1.50%. There are 41.8M shares outstanding and 40.77M shares are floated in market. Right now the stock beta is 0.05.

John Gonzalez covers business and finance news. He is the only person we trust to provide breaking news in the finance category. Having already completed an Associates Degree in Psychology, John Gonzalez is now finishing his Bachelor’s degree in Communications. In preparation for working in the advertisement sector, John is writing financial content and analysis. On a daily basis, he works on articles regarding the following topics: business, top trends, technology, and politics.

Address: 7302 Benton Street, Arvada, CO 80003, USA


Zip Code: 80003

Phone Number: 303-420-7222

Leave a Reply

Your email address will not be published. Required fields are marked *