KR

Kimco Realty Corporation

KIM-PNยทNYSE

$60.00

+0.0000%
Real EstateREIT - Retail

Kimco Realty (NYSE:KIM) is a real estate investment trust (REIT) headquartered in Jericho, N.Y. that is North America's largest publicly traded owner and operator of open-air, grocery-anchored shopping centers and a growing portfolio of mixed-use assets. The company's portfolio is primarily concentrated in the first-ring suburbs of the top major metropolitan markets, including those in high-barrier-to-entry coastal markets and rapidly expanding Sun Belt cities, with a tenant mix focused on essential, necessity-based goods and services that drive multiple shopping trips per week. Kimco Realty is also committed to leadership in environmental, social and governance (ESG) issues and is a recognized industry leader in these areas. Publicly traded on the NYSE since 1991, and included in the S&P 500 Index, the company has specialized in shopping center ownership, management, acquisitions, and value enhancing redevelopment activities for more than 60 years. As of December 31, 2023, the company owned interests in 523 U.S. shopping centers and mixed-use assets comprising 90 million square feet of gross leasable space.

At a Glance

Live Snapshot
Market Cap$40.58B
EPS0.2400
P/E Ratio62.09
Earnings Date08/01/2025
0.44%
Dividend Yield
-1%
3Y+16.0%
5Y-15.0%
10Y-9.0%
108.50%
Dividend Payout Ratio
-19%
3Y-249.0%
5Y+527.0%
10Y-40.0%
3Y+36.0%
5Y+39.0%
10Y+56.0%
KR

Kimco Realty Corporation Dividend History

KIM-PN ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

KIM-PN Dividend Payment History

KIM-PN ยท NYSE

Total Payments

1

Latest Dividend

$0.9060

Annual Amount

$0.9063

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
N/A
Oct 1, 2024Oct 15, 2024
$0.9060
$0.9060
Quarterly-
k

Kimco Realty Corporation Payout Ratio Analysis

KIM-PN ยท NYSE
Dividends Paid
-685.90M
2024
Net Income
410.79M
2024
Payout Ratio
166.97%
2024

Dividend Sustainability Analysis

Payout Ratio
166.97%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
68.2%

Solid FCF coverage. Dividend appears sustainable with reasonable cushion for maintaining capital expenditures and handling temporary setbacks.

Dividend Growth
-4.3%

Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.

Sustainability
Good

Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.