Agree Realty Announces $0.262 Dividend per Share on Ex-Dividend Date of November 28, 2025

Introduction

Agree Realty (NYSE: ADC), a REIT specializing in commercial real estate, has a long-standing track record of stable and predictable dividend payouts. As the company approaches its upcoming ex-dividend date of November 28, 2025, it has announced a quarterly cash dividend of $0.262 per share. This consistent approach to shareholder returns places Agree Realty in a favorable position within the broader REIT industry, which often prioritizes yield and reliability for income-seeking investors.

With broader market conditions showing resilience and interest rates stabilizing, the timing of this dividend announcement supports its credibility and signals ongoing confidence in the company’s cash flows and operational performance.

Dividend Overview and Context

For income investors, the ex-dividend date is a critical point because it marks the cutoff for eligibility to receive the dividend. On this date, the stock price typically drops by the amount of the dividend, a normal and expected market behavior.

This quarter, Agree Realty is distributing $0.262 in cash dividends per share, with no stock dividend announced. The ex-dividend date aligns with the expected quarterly pattern, and the payout is well-supported by the company's latest earnings and cash flow performance.

Backtest Analysis

According to backtest results from the company’s historical dividend events, Agree Realty has demonstrated a highly consistent and rapid price rebound post-ex-dividend. The average recovery duration is just 0.11 days, and there is a 100% probability of full price normalization within 15 days across 36 dividend events. These findings suggest that ADC is a strong candidate for dividend capture strategies, where the dividend is collected, and the market impact is quickly recovered.

The backtest assumes a standard dividend capture strategy with no reinvestment of dividend proceeds, and it evaluates performance on a cumulative basis. These results outperform many market benchmarks for dividend stocks and underline ADC’s predictable price behavior around its payout dates.

Driver Analysis and Implications

The latest financial report shows strong fundamentals supporting the dividend. Agree Realty reported $456.36 million in total revenue, with operating income of $215.897 million. After accounting for interest expenses and depreciation, the company’s net income attributable to common shareholders stands at $138.38 million, or $1.38 per share on a basic earnings basis.

The dividend payout ratio—dividends divided by earnings—comes in at approximately 18.95%, calculated as $0.262 (quarterly dividend) divided by $1.38 (basic EPS). A ratio below 25% is considered sustainable for most REITs, and this suggests that Agree Realty’s dividend is well-supported and unlikely to be cut in the near term.

These metrics, combined with consistent rental income and strong balance sheet performance, position Agree Realty to continue rewarding shareholders with reliable payouts and stable cash flow, even amid macroeconomic fluctuations.

Investment Strategies and Recommendations

For short-term investors, the backtest results support a dividend capture strategy: buying the stock before the ex-dividend date and selling it shortly after, taking advantage of the yield without a long-term commitment. Given the rapid rebound in price, investors can likely capture the $0.262 dividend with minimal or no loss in share price.

Long-term investors may want to consider ADC as a core component of a diversified income portfolio, given its strong earnings, low payout ratio, and predictable performance. Regular quarterly dividends and a focus on high-quality commercial real estate provide a compelling value proposition for those seeking dependable income with relatively low volatility.

Conclusion & Outlook

Agree Realty’s recent dividend announcement reaffirms its commitment to consistent shareholder returns. With strong financials, a low payout ratio, and a proven pattern of rapid price recovery post-ex-dividend, ADC remains a compelling name for both short-term and long-term income strategies.

Investors should keep an eye on the company’s upcoming earnings report, which will provide further insight into its performance and future dividend prospects. The next key date for shareholders will be the upcoming earnings release, expected in early January 2026.