Previous Close | 77.12 |
Open | 77.41 |
Bid | 76.37 x 800 |
Ask | 76.54 x 800 |
Day's Range | 76.31 - 77.50 |
52 Week Range | 54.28 - 77.58 |
Volume | |
Avg. Volume | 965,667 |
Market Cap | 8.328B |
Beta (5Y Monthly) | 0.62 |
PE Ratio (TTM) | 42.24 |
EPS (TTM) | 1.81 |
Earnings Date | Feb 11, 2025 - Feb 17, 2025 |
Forward Dividend & Yield | 3.04 (3.97%) |
Ex-Dividend Date | Nov 29, 2024 |
1y Target Est | 79.25 |
Realty Income (NYSE: O) and Agree Realty (NYSE: ADC) are two of the largest real estate investment trusts (REITs) focused on freestanding retail properties secured by net leases. Given their similar strategies, most investors will likely only want to own one of these REITs. Here's a look at which of these monthly dividend stocks is the better buy for passive income right now.
Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.253 per common share. The monthly dividend reflects an annualized dividend amount of $3.036 per common share, representing a 2.4% increase over the annualized dividend amount of $2.964 per common share from the fourth quarter of 2023. The dividend is payable December 13, 2024 to stockholders of record at the close of business