Agree Realty Q3 AFFO $1.10, +7.2% YoY; raises 2025 guidance, dividend up 3.6%

AGREE REALTY CORP

2025-Q3 EPS reported $1.30 revenue$527,909,000

Net income per share $0.45 (+7.9% YoY); Core FFO $1.09 (+8.4%); AFFO $1.10 (+7.2%).
2025 AFFO per share guidance raised to $4.31-$4.33; investment guidance raised to $1.50B-$1.65B.
Invested $451M in 110 properties in Q3; portfolio 99.7% leased, 2,603 properties, 53.7M sq ft.
Monthly dividend increased to $0.262 for Oct (+3.6% YoY); annualized $3.144; payout ratio ~70%.
Secured A- rating from Fitch; settled 3.5M shares for $252M; new $350M term loan fixed at 4.02%.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.