Agree Realty increases monthly common dividend 1.2% to 25.6c per share

Agree Realty (ADC) has declared a monthly cash dividend of 25.6c per common share, representing a 1.2% month-over-month increase. The dividend is payable May 14 to stockholders of record at the close of business on April 30. Additionally, the company has declared a monthly cash dividend on its 4.25% Series A Cumulative Redeemable Preferred Stock of $0.08854 per depositary share, which is equivalent to $1.0625 per annum. The dividend is payable May 1 to stockholders of record at the close of business on April 21.