Home Markets Dividend Growth of Kimco Realty Corporation(KIM)

Dividend Growth of Kimco Realty Corporation(KIM)


Kimco Realty Corporation(KIM) is having a Dividend Yield of 4.47% with the Annual cash Dividend per share of $1.04. The last quarter cash dividend per share pay out was $0.53. Kimco Realty Corporation has a 5 year average dividend yield of 3.88% and the stock has a Indicated annual dividend of $1.08. Kimco Realty Corporation(KIM) formally announced its most recent dividend on February 2, 2017 with a Dividend per share of $0.27. The new indicated annual dividend based on announced dividend per share is $1.08. The dividend yield based on the forward looking indicated annual dividend is 4.47%. Kimco Realty Corporation(KIM) has the most recent dividend payout ratio of 0.72 with a 5-year average payout ratio of 0.66. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.05. The 5 year historical dividend growth of Kimco Realty Corporation(KIM) is at the rate of 7.29% while the R-Squared dividend growth is 0.95. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Kimco Realty Corporation (NYSE:KIM) rose 0.37% or 0.09 points on Thursday and made its way into the gainers of the day. After trading began at $24.21 the stock was seen hitting $24.53 as a peak level and $24.1 as the lowest level. The stock ended up at $24.23. The daily volume was measured at 3,923,995 shares. The 52-week high of the share price is $32.24 and the 52-week low is $24.02. The company has a market cap of $10,299 million. Kimco Realty Corporation has lost 2.26% in the last five trading days and dropped 4.98% in the last 4 weeks. Kimco Realty Corporation has dropped 6.03% during the last 3-month period . Year-to-Date the stock performance stands at -3.7%.

Currently the company Insiders own 3.2% of Kimco Realty Corporation shares according to the proxy statements. Institutional Investors own 92.17% of Kimco Realty Corporation shares. Company has reported several Insider transactions to the SEC, on Feb 15, 2017, Frank Lourenso (director) sold 6,389 shares at 25.06 per share price.On Feb 15, 2017, Milton Cooper (Executive Chairman) purchased 5,000 shares at 24.07 per share price.On Aug 10, 2016, Philip E Jr Coviello (director) purchased 1,000 shares at 31.17 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Kimco Realty Corp was Downgraded by Goldman to Sell on Nov 29, 2016. Kimco Realty Corp was Upgraded by Argus to Buy on Nov 25, 2016.

Kimco Realty Corp Last issued its quarterly earnings results on Feb 2, 2017. The company reported $0.38 EPS for the quarter. Analyst had a consensus estimate of $0.38. The company had revenue of $297.00 million for the quarter, compared to analysts expectations of $285.94 million. The companys revenue was down -1.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.37 EPS.

Kimco Realty Corp. together with its subsidiaries, is a self-administered real estate investment trust and is one of the nations largest owners and operators of neighborhood and community shopping centers. The companys portfolio of property interests includes neighborhood and community shopping center properties, regional malls, retail store leases, parcels of undeveloped land, and projects under development.



Please enter your comment!
Please enter your name here