Safest Monthly Dividend Stocks: Agree Realty Corporation's (ADC) Strength in Industrial Real Estate

Agree Realty Corporation (NYSE:ADC) is included among the 10 Safest Monthly Dividend Stocks to Buy.

Agree Realty Corporation (NYSE:ADC) is a net-lease REIT that owns stand-alone retail properties. Its portfolio is concentrated on tenants in essential sectors such as grocery, home improvement, discount, and drug stores, which generally hold up well against e-commerce pressure and economic slowdowns. This approach helps the company maintain consistent rental income to fund its dividends.

In January 2021, Agree Realty Corporation (NYSE:ADC) shifted from paying dividends quarterly to a monthly schedule. Over the last decade, it has delivered dividend growth at a compound annual rate of 5.6%, though the pace slowed to 2.4% in the past year.

Looking ahead, Agree Realty Corporation (NYSE:ADC) plans to invest roughly $1.5 billion in properties during 2025. With continued portfolio expansion and long-term tenant agreements that average more than eight years, Agree Realty is positioned to remain a steady and dependable source of monthly dividend growth over the long term. Currently, it offers a monthly dividend of $0.256 per share for a dividend yield of 4.3%, as of September 23.

While we acknowledge the potential of ADC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.