Beat the Dow Jones With This Unstoppable Dividend Stock

When Agree Realty (NYSE: ADC) raised its dividend this month, it marked the fifth such boost since this passive income machine began paying by the month in January 2021. While it was only a 1.3% bump, it just adds to the appeal of this real estate investment trust (REIT) as a long-term buy and hold for reliable, market-beating performance. Real estate developer Richard Agree launched his company in 1971 and, after developing more than 40 shopping centers across the Midwest and Southeast, took it public in 1994.