Published on 30 May 2024 on Motley Fool via Yahoo Finance
Agree Realty (NYSE: ADC) has a lofty dividend yield of 5%, which is drastically higher than the 1.3% on offer from the S&P 500 and notably above the 4.3% from the average real estate investment trust (REIT), using Vanguard Real Estate Index ETF (NYSEMKT: VNQ) as a proxy.
But is this high-yield REIT the right dividend stock for you? Here's what you need to know.
Agree Realty had a tough year in 2011