Want $1,000 in Dividend Income? Here's How Much You Have to Invest in Agree Realty Stock.
Real estate investment trusts (REIT) are some of the best dividend stocks on the market. They typically pay a reliable, high-yielding, and growing dividend, checking off the list of what's important in a dividend stock.
Agree Realty (NYSE: ADC) is a retail REIT that fits this framework. But how much would you have to invest to make $1,000 in dividends?
Agree owns properties throughout the U.S. and leases them to retail chains you know and love, like , CVS, and Lowe's. It runs an efficient business with development and acquisitions as key growth drivers. As of the end of the first quarter, it had $1.3 billion in liquidity, with plans for $600 million in acquisition targets for the year.
Source Fool.com
Walmart Inc. Aktie
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1,45 %
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