Agree Realty Corporation ( ADC ) will begin trading ex-dividend on September 28, 2015. A cash dividend payment of $0.465 per share is scheduled to be paid on October 13, 2015. Shareholders who purchased ADC prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 8.14% increase over the same period a year ago. At the current stock price of $30.1, the dividend yield is 6.18%.
The previous trading day's last sale of ADC was $30.1, representing a -16.74% decrease from the 52 week high of $36.15 and a 11.48% increase over the 52 week low of $27.
ADC is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). ADC's current earnings per share, an indicator of a company's profitability, is $1.64. Zacks Investment Research reports ADC's forecasted earnings growth in 2015 as 7.36%, compared to an industry average of 5.3%.
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