Agree Realty Corp (NYSE:ADC)
CAPS Rating:
The Company is a fully-integrated, self-administered and self-managed real estate investment trust focused primarily on the development, acquisition and management of retail properties net leased to national tenants.
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This REIT company basically gives off its net profits which amounts to 10% dividend yield at the moment, even during crisis time. Net equity closely matches book value and its half of the balance, suggesting that this REIT is properly managed.
Notice the most of the tenants of this REIT are of the government.
How long will the difference between government bond yield and REIT yield will stay this high (600 basis points)? Eventually this stock will either go up or that government yields will go up.
absolutly. this is one of my favorites . unbeleivable getting one star