Kimco Realty Cp Stock Price, News & Analysis

Kimco Realty Corp. (NYSE: KIM) has announced its 2020 dividend allocations for common and preferred stocks. The total dividend per common share is $0.820, consisting of ordinary income and capital gains distributions. For preferred Series L and M, the total dividends are $1.281240 and $1.312500, respectively. Key dates include record dates on 12/31/2019, payable dates from January to October 2020, and a sustainable yield indicated across distributions. Investors can find more information on the company’s website.

Kimco Realty Corp. (NYSE: KIM) has launched its Tenant Assistance Program (TAP) to aid small business tenants in accessing funds from the recently approved $284 billion Paycheck Protection Program (PPP). The program offers two assistance options: an online application through BlueVine, which previously facilitated nearly $4.5 billion in loans, and personalized support from Asset Enhancement Solutions for application materials and eligibility assessment. CEO Conor Flynn emphasized the priority of supporting tenants amid ongoing funding needs.

Kimco Realty Corp. (NYSE: KIM) has appointed Henry Moniz to its Board of Directors, increasing the board size to nine members. Moniz, currently the Executive Vice President and Chief Compliance Officer at ViacomCBS, brings expertise in governance, compliance, and risk management. His term begins immediately, and both Executive Chairman Milton Cooper and CEO Conor Flynn express confidence that Moniz's skills will enhance Kimco's strategic direction and operational efficiency. Kimco Realty is a leading owner and operator of grocery-anchored shopping centers in North America.

Kimco Realty Corp. (NYSE: KIM) will report its fourth quarter 2020 earnings on February 11, 2021, before market open. A live conference call is scheduled for 8:30 AM ET the same day. The company, headquartered in Jericho, N.Y., owns interests in 400 shopping centers and mixed-use assets across North America, totaling 70 million square feet of gross leasable space. For additional details, visit the Kimco Investor Relations website.

Kimco Realty Corp. (NYSE: KIM) has declared a quarterly cash dividend of $0.16 per common share, payable on December 23, 2020, to shareholders of record as of December 9, 2020. In 2020, total cash dividends reached $0.66 per share. The company aims to establish a sustainable dividend level based on its adjusted funds from operations and taxable income for 2021. Kimco, a leading owner and operator of open-air, grocery-anchored shopping centers, owns interests in 400 centers and has 70 million square feet of gross leasable space.

Kimco Realty Corp. (NYSE: KIM) has been newly included in the Dow Jones Sustainability World Index, marking it as the only North American retail real estate owner listed. This index represents the top 10% of over 2,500 S&P Global companies based on environmental, social, and governance (ESG) factors. Kimco also retains its position on the DJSI North America Index for the sixth consecutive year. The company credits improvements in resource efficiency, reduced greenhouse gas emissions, and enhanced transparency for its recognition, solidifying its commitment to sustainability.

Kimco Realty Corp. (NYSE:KIM) will participate in Nareit’s REITworld: 2020 Virtual Investor Conference on November 17, 2020, from 8:45 A.M. to 9:15 A.M. ET. The management team will present an overview of the company, followed by a Q&A session. Interested attendees can register for the conference at no cost. In addition, audio from the conference will be available until February 26, 2021. Kimco operates over 400 shopping centers across the U.S., focusing on grocery-anchored and mixed-use properties.

Kimco Realty Corp. (NYSE: KIM) has declared a quarterly dividend for its 5.125% Class L and 5.25% Class M cumulative redeemable preferred stock. The dividends will be distributed on January 15, 2021, to shareholders recorded by January 4, 2021. With 400 U.S. shopping centers and mixed-use assets, Kimco is a leading real estate investment trust focused on grocery-anchored properties. As of June 30, 2020, the company manages approximately 70 million square feet of gross leasable space and is publicly traded on the NYSE since 1991.

Kimco Realty Corp. (NYSE: KIM) announces the grand opening of ShopRite, a 70,000-square-foot grocery anchor at The Boulevard in Staten Island, part of a $200 million redevelopment project. ShopRite’s opening is a significant milestone as it is the first tenant at the newly constructed shopping center, which will also feature tenants like Marshalls and Ulta in 2021. Kimco's strategy focuses on essential retailers in high-demand areas, showcasing 97% tenant operational success during the pandemic, bolstered by strong liquidity and a solid balance sheet.