2024-06-26 07:58:06 ET
Summary
- When filtered for quality, I am interested in monthly dividend-paying stocks.
- Agree Realty's acquisition activity should continue to drive respectable business growth in the years ahead.
- The retail REIT used its investment-grade balance sheet to issue $450 million of 10-year notes last month on favorable terms.
- ADC could be priced at a 10% discount to fair value.
- In my view, the REIT is likely to deliver 10%+ annual total returns for the foreseeable future.
In my own financial life, I have found that approximately 80% of my bills tend to be recurring weekly or monthly. Think groceries. Think health insurance. And so on.
The other 20% of my bills are lump sum payments every six months to every couple of years. That includes auto insurance, dental visits, doctor visits, and eye doctor visits....
Read the full article on Seeking Alpha
For further details see:
Agree Realty: Potential Addition To Dividend Growth Portfolios