Kimco Realty's Class J Preferred Stock Shares Cross 5.5% Yield Mark
In trading on Thursday, shares of Kimco Realty Corp’s 5.50% Class J Cumulative Redeemable Preferred Stock (Symbol: KIM.PRJ) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.3752), with shares changing hands as low as $24.83 on the day. This compares to an average yield of 6.83% in the “Real Estate” preferred stock category, according to Preferred Stock Channel . As of last close, KIM.PRJ was trading at a 0.36% premium to its liquidation preference amount, versus the average premium of 2.50% in the “Real Estate” category.
The chart below shows the one year performance of KIM.PRJ shares, versus KIM:Below is a dividend history chart for KIM.PRJ, showing historical dividend payments on Kimco Realty Corp’s 5.50% Class J Cumulative Redeemable Preferred Stock: In Thursday trading, Kimco Realty Corp’s 5.50% Class J Cumulative Redeemable Preferred Stock (Symbol: KIM.PRJ) is currently off about 0.6% on the day, while the common shares (Symbol: KIM) are off about 0.7%.
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