Kimco Realty (KIM) Raises Quarterly Dividend 5.3% to $0.20; 3.2% Yield

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Go back to Kimco Realty (KIM) Raises Quarterly Dividend 5.3% to $0.20; 3.2% Yield

Kimco Realty® Declares and Raises Dividends on Common Stock and Declares Class L and Class M Preferred Stock Dividends

April 27, 2022 6:50 AM EDT

Board Raises Quarterly Cash Dividend on Common Shares 5.3%

JERICHO, N.Y.--(BUSINESS WIRE)-- Kimco Realty® (NYSE: KIM), North Americas largest publicly traded owner and operator of open-air, grocery-anchored shopping centers, including mixed-use assets, today announced that its Board of Directors declared a quarterly cash dividend of $0.20 per common share, representing a 5.3% increase from the prior quarterly dividend. The quarterly cash dividend on common shares, which is based on projected REIT taxable income, is payable on June 23, 2022 to shareholders of record on June 9, 2022.

The company also... More