Reported 11 months ago
Reuben Gregg Brewer from The Motley Fool discusses Agree Realty (NYSE: ADC), a large net lease REIT with a 4.9% dividend yield that's down 20% from its highs. Despite the price drop, the high dividend yield and long-term growth potential make it an attractive investment. The decline is attributed to rising interest rates affecting REIT costs, not the company's performance. With a strong track record of dividend growth and continued property acquisitions, Agree Realty remains a promising investment option for those focused on dividend growth.
Source: YAHOO