Agree Realty announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of 24.3c per common share, representing a 1.3% increase over the previous monthly dividend. The monthly dividend reflects an annualized dividend amount of $2.916 per common share, representing a 3.8% increase over the annualized dividend amount of $2.808 per common share from the second quarter of 2022. The dividend is payable May 12 to stockholders of record at the close of business on April 28.
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