BLOOMFIELD HILLS, Mich.,
Sept. 8, 2016 /PRNewswire/ -- Agree Realty Corporation
(NYSE: ADC) (the "Company") announced today that its Board of
Directors has authorized, and the Company has declared, a quarterly
cash dividend of $0.48 per common
share. The dividend is payable October
14, 2016 to shareholders of record at the close of business
on September 30, 2016. This is
the Company's 90th consecutive cash dividend.
About Agree Realty Corporation
Agree Realty Corporation is a publicly traded real estate
investment trust primarily engaged in the acquisition and
development of properties net leased to industry-leading retail
tenants. The Company currently owns and operates a portfolio
of 338 properties, located in 42 states and containing
approximately 6.5 million square feet of gross leasable
space. The common stock of Agree Realty Corporation is listed
on the New York Stock Exchange under the symbol "ADC". For
additional information, please visit www.agreerealty.com.
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SOURCE Agree Realty Corporation