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annual_report
Format: PDF annual_report
Agree Realty Corporation's 2019 annual letter highlights record investment activity of $734 million across 525+ high-quality retail net lease properties, achieving 58.2% investment-grade tenant exposure. The company delivered 103 consecutive cash dividends with nearly 6% year-over-year dividend growth, supported by a fortress balance sheet with net debt to EBITDA of 4.5x and record fixed charge coverage of 4.3x.
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