Total revenues increased 9.3 percent to $5.99 million in the third quarter and increased 8.4 percent during 2000 to $17 million. The company paid a cash dividend of $0.46 per share on Oct. 12 toshareholders on record on Sept. 29, 2000. This dividend is equivalent to anannualized dividend of $1.84 per share and represents a payout ratio of 74.2percent of funds from operations for the quarter, down from 75.4 percent forthe third quarter of 1999.
Agree owns, manages and develops properties which are primarily neighborhoodshopping centers and single tenant properties, located in 134 states andleased to major retail tenants.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- 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
Already have an account? Sign In Now
*May exclude premium content© 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.
