Total revenues increased 9.3 percent to $5.99 million in thethird quarter and increased 8.4 percent during 2000 to $17 million.The company paid a cash dividend of $0.46 per share on Oct. 12toshareholders on record on Sept. 29, 2000. This dividend isequivalent to anannualized dividend of $1.84 per share andrepresents a payout ratio of 74.2percent of funds from operationsfor the quarter, down from 75.4 percent forthe third quarter of1999.
Agree owns, manages and develops properties which are primarilyneighborhoodshopping centers and single tenant properties, locatedin 134 states andleased to major retail tenants.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
