Agree Realty increases monthly dividend 2.9% to 24.7c per share

Agree Realty has declared a monthly cash dividend of 24.7c per common share. The monthly dividend reflects an annualized dividend amount of $2.964 per common share, representing a 2.9% increase over the annualized dividend amount of $2.880 per common share from 4Q22. The dividend is payable November 14 to stockholders of record at the close of business on October 31. Additionally, the company has declared a monthly cash dividend on its 4.25% Series A Cumulative Redeemable Preferred Stock of $0.08854 per depositary share, which is equivalent to $1.0625 per annum. The dividend is payable November 1 to stockholders of record at the close of business on October 20.