Kimco Realty Announces Quarterly Dividend of $0.28 Per Share
Kimco Realty (KIM) has declared a quarterly dividend of $0.28 per share, maintaining consistency with its previous payout levels. The distribution carries a forward yield of 4.79% and is scheduled to be paid on December 18, with the ex-dividend date set for December 4. This announcement follows recent financial performance where Kimco Realty reported Q3 results featuring Funds From Operations (FFO) of $0.47 per share, slightly exceeding expectations by $0.01. The company also reported revenue of $546.15 million and has subsequently raised its full-year guidance despite a challenging macroeconomic environment.
Tickers: $KIM
Topics: dividend declaration earnings beat FFO guidance raise revenue beat