I purchased 100 shares of ADC at $58 a share, with the intention to hold it for the income. However, I have no objection to selling it and rolling the cash into another investment if it becomes overvalued. So my question is, at what price is ADC considered to be overvalued? Also, how is ADC valued? By that I mean is it nav or affo, or some other metric. My knowledge is scant, but I am learning. Thanks Michael.
ADC and NNN are in the same retail REIT subsector with investment grade credit ratings and a similar size. Which one do you think is in a better position to perform well going forward?
PS: Thanks for engaging your followers this way. It's appreciated.
Both good questions I’d like to hear Michael’s response on. A 3rd question I have is what do you think the growth of ADC’s dividend might be over the next 3-5 years and how would the company perform should the country fall into a recession due to current fed policy?
Hello Michael, I see the CEO of Agree Realty often on SA answering comments on ADC articles, usually in a polite and friendly manner. Is this just PR or is the ADC one of the most small shareholder friendly? ADC is my largest NNN REIT position.
More snark please!
I purchased 100 shares of ADC at $58 a share, with the intention to hold it for the income. However, I have no objection to selling it and rolling the cash into another investment if it becomes overvalued. So my question is, at what price is ADC considered to be overvalued? Also, how is ADC valued? By that I mean is it nav or affo, or some other metric. My knowledge is scant, but I am learning. Thanks Michael.
ADC and NNN are in the same retail REIT subsector with investment grade credit ratings and a similar size. Which one do you think is in a better position to perform well going forward?
PS: Thanks for engaging your followers this way. It's appreciated.
Is not ADC a little overpriced at 62 with a slow growing 5% dividend, even more if compared with O?
Both good questions I’d like to hear Michael’s response on. A 3rd question I have is what do you think the growth of ADC’s dividend might be over the next 3-5 years and how would the company perform should the country fall into a recession due to current fed policy?
Hello Michael, I see the CEO of Agree Realty often on SA answering comments on ADC articles, usually in a polite and friendly manner. Is this just PR or is the ADC one of the most small shareholder friendly? ADC is my largest NNN REIT position.
How accretive are their current acquisitions?