Skip to main content
No. of Recommendations: 4
Kimco Realty: Secure 6.5% Dividend Yield For This High Quality REIT

Summary

Kimco owns primarily recession and e-commerce resistant shopping centers. It has invested heavily in improving its portfolio and is seeing results.

While shares have struggled in recent years due to aggressive asset sales, a return to solid growth appears to be on the way.

Its balance sheet is one of the strongest among retail REITs.

Kimco offers investors an attractive and secure dividend that should continue to grow over time.

Kimco Realty (KIM) offers investors the opportunity to invest in grocery-anchored shopping center properties. The company has improved its property portfolio, setting the stage for long-term growth. In the meantime, investors can collect an attractive 6.5% dividend yield.

While certainly not risk-free, the dividend is backed by a strong property portfolio that should be resistant to both recessions and e-commerce. Combined with a strong balance sheet and a 6.5% dividend yield, Kimco is an attractive high-yield dividend stock. You can see our complete list of all 5%+ dividend yielding stocks here.


Read on:

https://seekingalpha.com/article/4268286-kimco-realty-high-y...

David
Long KIM (and BRX)
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.