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


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:

Long KIM (and BRX)
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