Francisco Gomez Pastrana Alva @jgpastrana: "𝘿𝙞𝙙 𝙔𝙤𝙪 𝙆𝙣𝙤𝙬 𝙏𝙝𝙖𝙩 𝙍𝙚𝙖𝙡𝙩𝙮..."

Spain

𝘿𝙞𝙙 𝙔𝙤𝙪 𝙆𝙣𝙤𝙬 𝙏𝙝𝙖𝙩 𝙍𝙚𝙖𝙡𝙩𝙮 𝙄𝙣𝙘𝙤𝙢𝙚 𝙃𝙖𝙨 𝙖 𝙏𝙬𝙞𝙣 𝘽𝙧𝙤𝙩𝙝𝙚𝙧? Realty Income ( $O (Realty Income Corp) known as "The Monthly Dividend Company", has a "younger brother" (or twin, since both went public in the same year) that deserves attention: Agree Realty Corporation $ADC (Agree Realty Corp) Just like $O (Realty Income Corp), Agree Realty focuses on triple net lease rentals. In this type of lease, the tenant covers three major property-related expenses in addition to rent: 1. Property taxes. 2. Building insurance. 3. Maintenance and repairs. This structure allows the REIT to have lower operational burdens and reduces financial risk associated with maintenance and other costs. ⭐ It even pays dividends monthly, just like Realty Income! In the summary table attached, you can see a quick comparison between both companies. 💡 In case you missed it, 68% of ADC’s tenant portfolio consists of investment-grade clients, compared to only 32% for Realty Income. Recently, S&P rated $ADC (Agree Realty Corp) as the REIT with the most financially solid tenant portfolio: 🗣️ "We believe Agree has the highest quality tenant base among retail-focused net-leased peers." 🔍 What Makes $ADC (Agree Realty Corp) Stand Out? 1️⃣ Extremely high tenant quality: 68% of revenue comes from investment-grade companies. 2️⃣ Dividend coverage margin: Its DPS/AFFO ratio of 0.73x suggests a secure payout. 3️⃣ An interesting factor about $ADC (Agree Realty Corp) is that 10% of its rental income comes from land leases (not properties). This makes the investment even more passive. Downsides: At current prices, $ADC (Agree Realty Corp) appears to be trading 1% above my target buy price, while $O (Realty Income Corp), based on my calculations, trades at a 20% discount. Additionally, according to my dividend safety score, $O (Realty Income Corp) is slightly safer (77/100) compared to $ADC (Agree Realty Corp) (61/100). Although if I had to choose, I would go with $O (Realty Income Corp) due to its longer track record, larger size, and diversification, I still consider $ADC (Agree Realty Corp) a great company. In fact, I hold it in my portfolio. 💼 If you're looking to diversify your REIT investments, $ADC (Agree Realty Corp) could be a great alternative—less well-known but with solid fundamentals. $SPX500 (SPX500 Index (Non Expiry)) $REET (iShares Global REIT ETF) $SCHD (Schwab US Dividend Equity ETF)