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Here's Why Agree Realty Can Keep Paying You for Years

Here's Why Agree Realty Can Keep Paying You for Years

Agree Realty (NYSE: ADC) is in the business of developing and leasing net-lease retail properties. As a real estate investment trust (REIT), it's legally bound to pay out at least 90% of its taxable income as dividends to shareholders. As the chart below shows, this Detroit-based trust has seriously smoked Realty Income, the standard-bearer of retail REITs, in total return since the turn of the century.