Kimco Realty dividend yield – Kimco Realty Corp Announces 0.23 Cash Dividend

Dividends Yield

On March 1 2023, Kimco Realty ($NYSE:KIM) Corp Announces 0.23 Cash Dividend. This dividend is lower than the past 3 years where the dividend per share was 0.84 USD.

However, the dividend yield of KIMCO REALTY still stands at an average of 3.64% from 2020 to 2022. If you are in search of dividend stocks, KIMCO REALTY may be a good option. The ex-dividend date for this stock is March 8 2023. For the past 3 years, KIMCO REALTY has steadily paid dividends to its shareholders and investors. The average dividend yield for the past 3 years stands at 3.64%, which is a sign of a healthy and stable dividend stock. The dividend per share for the year 2023 is 0.23 USD, which is lower than the 0.84 USD dividend declared in the past 3 years. If you are looking for a reliable dividend stock, KIMCO REALTY may be a good option. The ex-dividend date for this stock is March 8 2023 and holders of KIMCO REALTY stock as of this date will be entitled to receive the dividend declared. The lower dividend yield for the year 2023 may be indicative of more stable and consistent returns in the future.

Price History

KIMCO REALTY stock opened at $20.5 and closed at the same rate, 0.5% lower than the prior closing price of $20.6. Kimco Realty is one of the nation’s largest publicly traded owners and operators of open-air shopping centers and mixed-use properties. Shareholders of KIMCO REALTY will be able to receive the dividend payment in cash, subject to any applicable broker restrictions. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Kimco Realty. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Kimco Realty. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Kimco Realty. More…

Key Ratios Snapshot

Some of the financial key ratios for Kimco Realty are shown below. More…

Analysis

At GoodWhale, we conducted an analysis of KIMCO REALTY‘s financials and have determined that it is a low risk investment in terms of financial and business aspects. After a thorough examination of the company’s balance sheet, we detected one risk warning which we feel is important to be aware of. To access this warning and other detailed insights into KIMCO REALTY, register on goodwhale.com. Our platform offers you the most up-to-date and in-depth information about the company, so you can make an informed decision about your investments. More…

Peers

Kimco Realty Corp is one of the largest real estate investment trusts in the United States. The company owns and operates open-air shopping centers. Kimco’s competitors include Brixmor Property Group Inc, Morguard North American Residential Real Estate Investment Trust, and Strategic Realty Trust Inc.

– Brixmor Property Group Inc ($NYSE:BRX)

Brixmor Property Group Inc is a publicly traded real estate investment trust that owns, operates, and leases a portfolio of open-air shopping centers in the United States. As of December 31, 2020, the company’s portfolio consisted of 468 shopping centers spanning approximately 75.4 million square feet of gross leasable area. Brixmor’s properties are leased to a diversified mix of national, regional, and local tenants. Notable tenants include grocery stores, discount stores, restaurants, entertainment venues, and service providers.

– Morguard North American Residential Real Estate Investment Trust ($TSX:MRG.UN)

Morguard North American Residential Real Estate Investment Trust is a real estate investment trust that invests in, owns, and operates a diversified portfolio of residential properties in Canada and the United States. The company has a market capitalization of $591.44 million as of 2022.

– Strategic Realty Trust Inc ($OTCPK:SGIC)

Strategic Realty Trust Inc is a real estate investment trust that owns and operates a portfolio of properties in the United States. The company has a market cap of 7.63M as of 2022. Strategic Realty Trust Inc was founded in 2010 and is headquartered in New York, New York.

Summary

KIMCO REALTY is an attractive option for investors seeking dividend stocks. For the last three years, the company has declared a dividend of 0.84 USD per share, providing an average yield of 3.64%. As such, it may be an ideal choice for those looking to invest and generate steady income through dividends. Moreover, the company’s track record of consistent dividends may provide a level of safety for investors seeking reliable returns and minimising risk.