|Bid||0.00 x 800|
|Ask||0.00 x 1100|
|Day's range||74.10 - 74.70|
|52-week range||61.62 - 80.44|
|Beta (5Y monthly)||0.46|
|PE ratio (TTM)||40.58|
|Earnings date||14 Feb 2023|
|Forward dividend & yield||2.88 (3.88%)|
|Ex-dividend date||30 Jan 2023|
|1y target est||77.45|
Agree Realty has turned $1,000 into nearly $6,000 since the Great Recession and signs point to more outperformance.
While it's possible that the economy could avoid a recession, a recent poll of economists by The Wall Street Journal put the probability of a recession at 61% this year. This means investors should consider taking steps to help insulate their portfolio from a potential economic downturn. Three economically durable options to consider are Agree Realty (NYSE: ADC), NextEra Energy (NYSE: NEE), and Republic Services (NYSE: RSG).
Challenging economic circumstances and the growing concern over a potential recession have put tremendous pressure on the broader market. Thankfully, there are stocks that are not just outpacing the S&P 500 this year, but far outperforming while still paying attractive dividend yields. Iron Mountain (NYSE: IRM) is one of the top-performing dividend stocks from this past year.