Agree Realty Vs. NNN REIT: Two 70% Payouts, 4x Unsettled Equity

Agree Realty (ADC) and NNN REIT (NNN) are entering the second half with very similar annualized dividend payout ratios, with the spread between them under 0.5 percentage points. The update is largely comparative and suggests broadly aligned dividend coverage across the two REITs.

Analysis

Agree Realty (ADC) and NNN REIT (NNN) are entering the second half with very similar annualized dividend payout ratios, with the spread between them under 0.5 percentage points. The update is largely comparative and suggests broadly aligned dividend coverage across the two REITs.