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Kimco Realty's Class I Preferred Stock Shares Cross 6% Yield Mark


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In trading on Monday, shares of Kimco Realty Corp’s 6.00% Class I Cumulative Redeemable Preferred Stock (Symbol: KIM.PRI) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.50), with shares changing hands as low as $24.68 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.PRI was trading at a 0.56% premium to its liquidation preference amount, versus the average premium of 1.76% in the “Real Estate” category.

Performance Comparison Chart

Below is a dividend history chart for KIM.PRI, showing historical dividend payments on Kimco Realty Corp’s 6.00% Class I Cumulative Redeemable Preferred Stock: KIM.PRI+Dividend+History+Chart In Monday trading, Kimco Realty Corp’s 6.00% Class I Cumulative Redeemable Preferred Stock (Symbol: KIM.PRI) is currently down about 1.4% on the day, while the common shares (Symbol: KIM) are off about 1%.

Click here to find out the 50 highest yielding preferreds »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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