Agree Realty Corporation (ADC) – Among the 10 Monthly Dividend Stocks to Buy and Hold Forever

Agree Realty Corporation (NYSE:ADC) is included among the 10 Monthly Dividend Stocks to Buy and Hold Forever.

Photo by Dan Dennis on Unsplash

Agree Realty Corporation (NYSE:ADC) reported its Q1 2026 results on April 22. During the call, President, CEO, and Director Joey Agree said the company deployed nearly $425 million across its three external growth platforms in the quarter. Of that, $403 million went into acquisitions, and these were completed at a weighted average cap rate of 7.1%, with an average lease term of 11.3 years.

He also said the company raised about $660 million of forward equity through its ATM program. Total liquidity stood at roughly $2.3 billion, alongside more than $1.6 billion in hedge capital. This included a record $1.4 billion in outstanding forward equity.

CFO, Secretary, and Investor Relations Professional Peter Coughenour reported core FFO per share of $1.13 and AFFO per share of $1.14 for the quarter. He added that the company reaffirmed its full-year 2026 AFFO per share guidance in the range of $4.54 to $4.58.

Agree Realty Corporation (NYSE:ADC) operates as an integrated REIT focused on owning, acquiring, developing, and managing retail properties that are net-leased to tenants. Its assets are held through its operating partnership, where the company serves as the sole general partner.

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