This 3.9%-Yielding Monthly Dividend Keeps Heading Higher

ADC Realty (NYSE: ADC) doesn't get enough credit for its success as a dividend stock. The real estate investment trust (REIT) has a long history of growing its payout, which currently yields an attractive 3.9%. Meanwhile, earlier this year, it joined the limited ranks of companies paying a monthly dividend.

The retail REIT recently gave investors another raise, adding to its impressive total this year. That upward trajectory should continue, making Agree Realty stand out as a compelling option for investors seeking to generate passive income.

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Source Fool.com