Agree Realty Corp. (ADC) changes to monthly dividend format.

Agree Realty Corp. (ADC) announced today that it is changing from a quarterly to monthly dividend format. Accordingly, ADC has declared a dividend of $0.207/share for January 2021, payable on February 12 for shareholders of record on January 29, 2021.

Agree Realty is a small-cap equity REIT focused on the acquisition and development of net-lease retail properties across the U.S. As of September 30, 2020, ADC had a total market capitalization of $4.7 billion supporting a portfolio of 1,027 properties in 45 states. ADC went public in 1994 and is a member of the S&P SmallCap 600 index.