How Much Would It Take To Earn $100 A Month From Agree Realty Stock

Agree Realty Corporation ADC is a fully integrated real estate investment trust (REIT) primarily focused on the ownership, acquisition, development and management of retail properties net leased to industry-leading tenants.

The 52-week range of Agree Realty’s stock price was $54.28 to $77.47.

Agree Realty’s dividend yield is 4.05%. During the last 12 months, it paid $3.04 per share in dividends.

Don't Miss:

• If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it?
• Commercial real estate has historically outperformed the stock market, and this platform allows individuals to invest in commercial real estate with as little as $5,000 offering a 12% target yield with a bonus 1% return boost today!

The Latest On Agree Realty

On October 22, the company announced its Q3 2024 earnings, posting an FFO of $1.03, compared to the consensus estimate of $1.02 and revenues of $154.33 million, compared to the consensus of $150.81 million, as reported by Benzinga.

“During the quarter, we raised nearly $470 million of forward equity, contributing to record liquidity of over $1.9 billion. Given the continued strong performance of our portfolio and accelerating investment activity across all three external growth platforms, we are increasing full-year 2024 acquisition guidance to approximately $850 million and raising the lower end of our 2024 AFFO per share guidance to a range of $4.12 to $4.14,” said Joey Agree, President and Chief Executive Officer.

Check out this article by Benzinga for nine analysts' insights on Agree Realty. 

Trending: These five entrepreneurs are worth $223 billion – they all believe in one platform that offers a 7-9% target yield with monthly dividends

How Can You Earn $100 Per Month As An Agree Realty Investor?

If you want to make $100 per month—$1,200 annually—from Agree Realty dividends, your investment value needs to be approximately $29,630, which is around 395 shares at $75.04 each. 

Understanding the dividend yield calculations: When estimating, you need two key variables — the desired annual income ($1,200) and the dividend yield (4.05% in this case). So, $1,200 / 0.0405 = $29,630 to generate an income of $100 per month.

You can calculate the dividend yield by dividing the annual dividend payments by the stock’s current price.

The dividend yield can change over time due to fluctuating stock prices and dividend payments on a rolling basis.

See Also: This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, and you only need $100.

For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect, increasing the dividend yield to 5% ($2/$40).

In summary, income-focused investors may find Agree Realty stock an attractive option for making a steady income of $100 per month by owning 395 shares of stock. There may be more upside as investors benefit from the company's consistent dividend hikes. Agree Realty has raised its dividend consecutively for the last 11 years. 

Wondering if your investments can get you to a $5,000,000 nest egg? Speak to a financial advisor today. SmartAsset’s free tool matches you up with up to three vetted financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.

Looking For Higher-Yield Opportunities In A Shifting Market?

The changing interest rate environment has created an incredible opportunity for income-seeking investors to earn massive yields, but not through dividend stocks… Certain private market real estate investments are giving retail investors the opportunity to capitalize on these high-yield opportunities and Benzinga has identified some of the most attractive options for you to consider. 

For instance, the Ascent Income Fund from EquityMultiple targets stable income from senior commercial real estate debt positions and has a historical distribution yield of 12.1% backed by real assets. With payment priority and flexible liquidity options, the Ascent Income Fund is a cornerstone investment vehicle for income-focused investors. First-time investors with EquityMultiple can now invest in the Ascent Income Fund with a reduced minimum of just $5,000. Benzinga Readers: Earn a 1% return boost on your first EquityMultiple investment when you sign up here (accredited investors only).

Don't miss out on this opportunity to take advantage of high-yield investments while rates are high. Check out Benzinga's favorite high-yield offerings.