There's nothing better than collecting a paycheck without having to actively work for it. The power and ease of passive income are why dividend stocks are one of my favorite avenues for investing.
Real estate investment trusts ( REITs ) are particularly attractive dividend investments, because they offer diversification in the real estate industry with attractive dividend yields that usually grow over time. And while many dividend stocks are tanking right now, Agree Realty (NYSE: ADC) is soaring. Up 11% this year, here's a closer look at this top-notch dividend stock and why you may want to consider investing.
Agree Realty is a net-lease REIT that acquires, develops, and leases over 1,600 retail properties across 48 states. Its diverse tenant base includes institutional-quality tenants like Home Depot , Walmart , Costco , Dollar General , and Tractor Supply , along with hundreds of other national and regional retailers across 15-plus different industries. The company also has a small but growing ground lease business , which accounts for around 13% of its annual base rents (ABR).
For further details see:
1 Dividend Stock That Is Absolutely Soaring