{
  "app": "dividend_compounders",
  "ticker": {
    "uuid": "43009ad0-27d5-4d48-973f-7bd8bc88056e",
    "symbol": "ADC",
    "name": "Agree Realty Corporation",
    "exchange": "NYSE",
    "country_code": "US",
    "country_name": "United States",
    "sector": "Real Estate",
    "industry": "Reit - Retail",
    "chart_url": "https://sharemaestro.com/terminal/43009ad0-27d5-4d48-973f-7bd8bc88056e/"
  },
  "snapshot": {
    "ticker": {
      "uuid": "43009ad0-27d5-4d48-973f-7bd8bc88056e",
      "symbol": "ADC",
      "name": "Agree Realty Corporation",
      "exchange": "NYSE",
      "country_code": "US",
      "country_name": "United States",
      "sector": "Real Estate",
      "industry": "Reit - Retail",
      "chart_url": "https://sharemaestro.com/terminal/43009ad0-27d5-4d48-973f-7bd8bc88056e/"
    },
    "as_of_date": "2026-06-12",
    "provider_symbol": "ADC",
    "market_cap": 9133760512.0,
    "market_cap_usd": 8816750879.19,
    "price": 75.830002,
    "currency": "USD",
    "dividend_yield": 0.0428,
    "dividend_years": 32,
    "dividend_growth_5y": 0.05078853,
    "dividend_cut_5y": false,
    "payout_ratio": 1.68,
    "net_income": 204349000.0,
    "free_cash_flow": 504136000.0,
    "fcf_covers_dividend": true,
    "debt_to_equity": 0.59607,
    "revenue_growth_5y": 0.23647113,
    "net_margin": 0.29252002,
    "roe": 0.03704,
    "pe_ratio": 40.98919,
    "price_vs_ma": 0.01917983,
    "return_3y": 0.33327181,
    "return_5y": 0.30892865,
    "max_drawdown": -0.28016946,
    "scores": {
      "dividend_reliability": 25.0,
      "dividend_sustainability": 13.0,
      "business_quality": 21.5,
      "valuation": 10.5,
      "trend": 15.0,
      "total": 85.0,
      "confidence": 100.0
    },
    "rating": "exceptional",
    "rating_label": "Exceptional Dividend Compounder",
    "decision": "reject",
    "decision_label": "Reject",
    "warnings": [
      "Payout ratio is elevated at 168.0%."
    ],
    "urls": {
      "page": "https://sharemaestro.com/dividend-compounders/ticker/43009ad0-27d5-4d48-973f-7bd8bc88056e/",
      "chart": "https://sharemaestro.com/terminal/43009ad0-27d5-4d48-973f-7bd8bc88056e/"
    }
  },
  "score_breakdown": {
    "dividend_reliability": 25.0,
    "dividend_sustainability": 13.0,
    "business_quality": 21.5,
    "valuation": 10.5,
    "trend": 15.0,
    "total": 85.0,
    "confidence": 100.0
  },
  "warnings": [
    "Payout ratio is elevated at 168.0%."
  ],
  "diary": [
    {
      "event_date": "2026-06-12",
      "event_type": "warning",
      "severity": "warning",
      "ticker": "ADC",
      "exchange": "NYSE",
      "headline": "ADC dividend review warning",
      "detail": "Payout ratio is elevated at 168.0%.",
      "amount": null,
      "currency": "",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/43009ad0-27d5-4d48-973f-7bd8bc88056e/"
    },
    {
      "event_date": "2026-05-29",
      "event_type": "payment",
      "severity": "info",
      "ticker": "ADC",
      "exchange": "NYSE",
      "headline": "ADC dividend payment 0.267 USD",
      "detail": "Recorded dividend payment for Agree Realty Corporation.",
      "amount": 0.267,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/43009ad0-27d5-4d48-973f-7bd8bc88056e/"
    },
    {
      "event_date": "2026-04-30",
      "event_type": "payment",
      "severity": "info",
      "ticker": "ADC",
      "exchange": "NYSE",
      "headline": "ADC dividend payment 0.267 USD",
      "detail": "Recorded dividend payment for Agree Realty Corporation.",
      "amount": 0.267,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/43009ad0-27d5-4d48-973f-7bd8bc88056e/"
    },
    {
      "event_date": "2026-03-31",
      "event_type": "payment",
      "severity": "info",
      "ticker": "ADC",
      "exchange": "NYSE",
      "headline": "ADC dividend payment 0.262 USD",
      "detail": "Recorded dividend payment for Agree Realty Corporation.",
      "amount": 0.262,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/43009ad0-27d5-4d48-973f-7bd8bc88056e/"
    },
    {
      "event_date": "2026-02-27",
      "event_type": "payment",
      "severity": "info",
      "ticker": "ADC",
      "exchange": "NYSE",
      "headline": "ADC dividend payment 0.262 USD",
      "detail": "Recorded dividend payment for Agree Realty Corporation.",
      "amount": 0.262,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/43009ad0-27d5-4d48-973f-7bd8bc88056e/"
    },
    {
      "event_date": "2026-01-30",
      "event_type": "payment",
      "severity": "info",
      "ticker": "ADC",
      "exchange": "NYSE",
      "headline": "ADC dividend payment 0.262 USD",
      "detail": "Recorded dividend payment for Agree Realty Corporation.",
      "amount": 0.262,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/43009ad0-27d5-4d48-973f-7bd8bc88056e/"
    },
    {
      "event_date": "2025-12-31",
      "event_type": "payment",
      "severity": "info",
      "ticker": "ADC",
      "exchange": "NYSE",
      "headline": "ADC dividend payment 0.262 USD",
      "detail": "Recorded dividend payment for Agree Realty Corporation.",
      "amount": 0.262,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/43009ad0-27d5-4d48-973f-7bd8bc88056e/"
    },
    {
      "event_date": "2025-11-28",
      "event_type": "payment",
      "severity": "info",
      "ticker": "ADC",
      "exchange": "NYSE",
      "headline": "ADC dividend payment 0.262 USD",
      "detail": "Recorded dividend payment for Agree Realty Corporation.",
      "amount": 0.262,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/43009ad0-27d5-4d48-973f-7bd8bc88056e/"
    },
    {
      "event_date": "2025-10-31",
      "event_type": "payment",
      "severity": "info",
      "ticker": "ADC",
      "exchange": "NYSE",
      "headline": "ADC dividend payment 0.262 USD",
      "detail": "Recorded dividend payment for Agree Realty Corporation.",
      "amount": 0.262,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/43009ad0-27d5-4d48-973f-7bd8bc88056e/"
    },
    {
      "event_date": "2025-09-30",
      "event_type": "payment",
      "severity": "info",
      "ticker": "ADC",
      "exchange": "NYSE",
      "headline": "ADC dividend payment 0.256 USD",
      "detail": "Recorded dividend payment for Agree Realty Corporation.",
      "amount": 0.256,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/43009ad0-27d5-4d48-973f-7bd8bc88056e/"
    },
    {
      "event_date": "2025-08-29",
      "event_type": "payment",
      "severity": "info",
      "ticker": "ADC",
      "exchange": "NYSE",
      "headline": "ADC dividend payment 0.256 USD",
      "detail": "Recorded dividend payment for Agree Realty Corporation.",
      "amount": 0.256,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/43009ad0-27d5-4d48-973f-7bd8bc88056e/"
    },
    {
      "event_date": "2025-07-31",
      "event_type": "payment",
      "severity": "info",
      "ticker": "ADC",
      "exchange": "NYSE",
      "headline": "ADC dividend payment 0.256 USD",
      "detail": "Recorded dividend payment for Agree Realty Corporation.",
      "amount": 0.256,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/43009ad0-27d5-4d48-973f-7bd8bc88056e/"
    },
    {
      "event_date": "2025-06-30",
      "event_type": "payment",
      "severity": "info",
      "ticker": "ADC",
      "exchange": "NYSE",
      "headline": "ADC dividend payment 0.256 USD",
      "detail": "Recorded dividend payment for Agree Realty Corporation.",
      "amount": 0.256,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/43009ad0-27d5-4d48-973f-7bd8bc88056e/"
    },
    {
      "event_date": "2021-01-28",
      "event_type": "cut",
      "severity": "negative",
      "ticker": "ADC",
      "exchange": "NYSE",
      "headline": "Dividend cut -66.6%",
      "detail": "Payment changed from 0.62 to 0.207.",
      "amount": 0.207,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/43009ad0-27d5-4d48-973f-7bd8bc88056e/"
    },
    {
      "event_date": "2011-03-29",
      "event_type": "decrease",
      "severity": "negative",
      "ticker": "ADC",
      "exchange": "NYSE",
      "headline": "Dividend decreased -21.6%",
      "detail": "Payment changed from 0.51 to 0.4.",
      "amount": 0.4,
      "currency": "USD",
      "ticker_url": "https://sharemaestro.com/dividend-compounders/ticker/43009ad0-27d5-4d48-973f-7bd8bc88056e/"
    }
  ]
}