BLOOMFIELD HILLS, Mich., March 5, 2015 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) announced today that its Board of Directors has declared a first quarter 2015 common stock dividend in the amount of $0.45 per share.  The dividend is payable April 14, 2015 to shareholders of record at the close of business on March 31, 2015.

About Agree Realty Corporation
Agree Realty is primarily engaged in the acquisition and development of properties net leased to industry leading retail tenants.  The Company currently owns and operates a portfolio of 223 properties, located in 38 states and containing approximately 4.5 million square feet of gross leasable space.  The common stock of Agree Realty Corporation is listed on the New York Stock Exchange under the symbol "ADC".

For additional information, visit the Company's home page at www.agreerealty.com.

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SOURCE Agree Realty Corporation