---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-029981"
form_type: "8-K"
ticker: "ADC"
cik: "0000917251"
company_name: "AGREE REALTY CORP"
filed_at: "2024-03-01T23:59:59+00:00"
generated_at: "2026-06-05T05:59:55.117932+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Agree Realty provides YTD update: ~$200M acquisitions pipeline, 20 development/DFP projects totaling $81M

## Summary
- Approximately $200M of acquisitions closed, under contract or under LOI year-to-date.
- Four new development or DFP projects commenced YTD with total anticipated costs of ~$18M.
- 20 development or DFP projects completed or under construction in Q1 2024, representing $81M committed capital.
- Declared monthly dividend of $0.247 per share for February, a 2.9% year-over-year increase.
- Over $1.0B total liquidity and BBB/Baa1 issuer ratings; no material debt maturities until 2028.

## SEC filing metadata
- accession: 0001104659-24-029981
- form_type: 8-K
- ticker: ADC
- cik: 0000917251
- company_name: AGREE REALTY CORP
- filed_at: 2024-03-01T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/917251/000110465924029981/0001104659-24-029981-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/917251/000110465924029981/tm247751d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-029981
- JSON: https://secwatch.observer/filing/0001104659-24-029981.json
- Plain text: https://secwatch.observer/filing/0001104659-24-029981.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.