25 High Dividend Stocks Being Targeted By Short Sellers

4. Agree Realty Corporation (NYSE:ADC)

Short % of Float as of April 15: 14.71%

Dividend Yield as of April 28: 4.04%

Agree Realty Corporation (NYSE:ADC) is a real estate investment trust company, headquartered in Michigan, US. The company has built a strong position in the retail sector, with major tenants like Walmart, Tractor Supply, Dollar General, Best Buy, TJX, Dollar Tree, Lowe’s, and Kroger, which together account for about a third of its annual rental income. The rest is generated from a broad range of other well-established businesses.

While Agree Realty Corporation (NYSE:ADC) fundamentals remain solid, it is still smaller and less diversified compared to many of its peers. Its dividend yield also trails others in the industry. Although the company’s last dividend cut occurred back in 2011, it remains a factor when comparing it to competitors.

Agree Realty Corporation (NYSE:ADC) reported strong earnings in the first quarter of 2025. The company posted revenue of $169 million, which showed a significant growth of over 13% from the same period last year. The revenue also beat analysts’ estimates by $2.6 million. The company allocated around $377 million toward the acquisition of 69 retail net lease properties. On April 10, it declared a 1.2% hike in its monthly dividend to $0.256 per share. The dividend accounts for roughly 73% of Core FFO per share and about 72% of AFFO per share. As of April 28, the stock has a dividend yield of 4.04%.