Agree Realty Announces Increased Payout and Ambitious 2026 Investment Plan

Agree Realty US0084921008

Agree Realty Corporation (NYSE: ADC) has outlined its operational roadmap for 2026, confirming key financial reporting dates and providing a detailed investment forecast. The recent increase to its monthly cash distribution remains a primary point of interest for shareholders.

The retail-focused real estate investment trust (REIT) will report its fourth quarter and full-year 2025 financial results after the market closes on Tuesday, February 10, 2026. A conference call to discuss the performance and the retail sector landscape is scheduled for the following day.

In a move underscoring its commitment to returning capital, the company's Board of Directors declared a monthly cash dividend of $0.262 per common share. This represents an annualized payout of $3.144, marking a 3.6% increase compared to the prior year. The dividend is payable on February 13, 2026, to stockholders of record as of January 30, 2026.

Solid Financial Foundation Supports Growth Ambitions

To fuel its expansion, Agree Realty has set an aggressive investment target for the current fiscal year. Management plans to deploy between $1.25 billion and $1.50 billion into the acquisition and development of retail properties. The company's capacity to maintain this pace is supported by a robust liquidity position.

As of December 31, 2025, total available liquidity exceeded $2.0 billion. This figure comprises approximately $1.3 billion available under credit facilities and term loans, plus over $716 million of forward equity.

Portfolio Quality and Balance Sheet Strength

The stability of Agree Realty's operations is anchored by a high-quality portfolio. At year-end 2025, the company's property count stood at 2,674. A significant 66.8% of annualized base rents were derived from tenants with investment-grade credit ratings. Furthermore, ground lease assets now contribute roughly 10.2% of rental income, equating to about $75 million.

The balance sheet is further reinforced by an "A-" credit rating. In January, the firm highlighted a $350 million fixed-rate term loan with an interest rate of 4.02%. This loan utilizes interest rate swaps to hedge against reference rate volatility through May 2031.

Investors will gain crucial insights into the company's 2025 performance and the viability of its 2026 growth strategy when the full results are disclosed on February 10.