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Recent Updates — ADC

July 30, 2026View Source ↗

Agree Realty Corporation reported second quarter 2026 results on July 30, 2026, posting net income attributable to common stockholders of $52.8 million and AFFO per share of $1.14. The company invested a record $502 million in 102 retail net lease properties during the quarter and raised approximately $686 million via its at-the-market equity program in the first half of the year. Management increased full-year 2026 investment guidance to $1.6 billion–$1.8 billion and AFFO per share guidance to $4.57–$4.59. The board declared a monthly cash dividend of $0.267 per common share for July, payable August 14, 2026, to shareholders of record on July 31, 2026. Agree Realty Corporation is a real estate investment trust that acquires and develops retail net lease properties.