Kimco Realty Corporation (NYSE:KIM) Declares 3Q20 Dividend

Kimco Realty Corporation (NYSE:KIM) declared 3Q20 dividend of $ 0.10 per share, or $ 0.40 annualized.

The dividend will be payable on September 24, 2020, to stockholders of record on September 10, 2020, with an ex-dividend date of September 9, 2020.

Dividends History

Click Here For More Historical Dividends Of Kimco Realty Corporation

Kimco Realty Corporation recently reported second quarter financial results on August 7, 2020, before market open, the New Hyde Park based company outlined income for the second quarter of $ 0.24 per share, from the revenue of $ 238.92 million. The quarterly earnings developed 20.00 percent while revenues reduced 14.89 percent compared with the same quarter last year. According to street consensus, KIM was expected to report 2Q20 income of $ 0.07 per share from revenue of $ 249.00 million. The bottom line results beat street analysts by $ 0.17 or 242.86 percent, at the same time, top line results fell short of analysts by $ 10.08 million or 4.05 percent.

Stock Performance

Shares of Kimco Realty Corporation traded up $ 0.27 or 2.25 percent on Tuesday, reaching $ 12.26 with volume of 1.88 million shares. The stock opened down for the day at $ 11.78, after closing the previous day trading at $ 11.99.

According to the previous trading day, closing price of $ 11.99, representing a 60.94 % increase from the 52 week low of $ 7.45 and a 45.15 % decrease over the 52 week high of $ 21.86.

The company has a market capital of $ 5.30 billion and is part of the Real Estate sector and REIT – Retail industry.

Kimco Realty Corp. (NYSE: KIM) is a real estate investment trust (REIT) headquartered in New Hyde Park, N.Y., that is one of North Americas largest publicly traded owners and operators of open-air shopping centers. As of June 30, 2019, the company owned interests in 428 U.S.