Agree Realty Corporation Announces Series A Preferred Stock Dividend Payment

Agree Realty Corporation recently declared its dividend for its Series A Cumulative Redeemable Preferred Stock, according to Seeking Alpha. This distribution applies to the company's depositary shares, each representing a one-thousandth ownership interest in a share of the 4.25% Series A Cumulative Redeemable Preferred Stock. The announced dividend amount is $0.0885 per depositary share. This type of dividend is often referred to as a