FARMINGTON HILLS, Mich., Sept. 13 /PRNewswire-FirstCall/ -- Agree Realty Corporation (NYSE: ADC) today announced that its Board of Directors has declared its third quarter 2010 dividend for the Company's common stock.
- Third quarter 2010 cash dividend of $0.51 per share.
- The declared third quarter 2010 dividend when annualized equals $2.04 per share.
- The third quarter 2010 common share dividend is payable October 13, 2010 to shareholders of record at the close of business on September 30, 2010.
Agree Realty is engaged in the ownership, management and development of properties, which are primarily single tenant properties leased to major retail tenants and neighborhood community shopping centers. Agree Realty owns and operates a portfolio of 75 properties, located in 15 states and containing approximately 3.5 million square feet of gross leasable space.
For additional information, visit the Company's home page on the Internet at http://www.agreerealty.com
SOURCE Agree Realty Corporation
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