Kimco Realty: I Bought This 4.2% Dividend Yield
Kimco Realty(KIM) Seeking Alpha·2024-08-26 16:21
SweetBabeeJayKimco Realty (NYSE:KIM) has been on a sustained rally since mid-June, when it hit a low due to a market comedown from previously buoyant expectations that the Fed would be extremely aggressive with rate cuts in 2024. This was a period when the probability that the Fed would keep rates unchanged for much of 2024, represented by grey, ramped up exponentially. It's now August and expectations have reverted with the Fed likely to begin rate cuts at its September 18th FOMC meeting. The CME FedWa ...