Kimco Secures A- Credit Rating With Stable Outlook from Fitch
KIMKimco Realty(KIM) ZACKS·2024-09-11 02:56

Kimco Realty (KIM) recently announced that the retail real estate investment trust (REIT) secured an ‘A-’ credit rating with a stable outlook from Fitch Ratings. This achievement positions the company among only 12 publicly-listed U.S. REITs that hold a credit rating of ‘A-’ or higher.Kimco's rating is a testament to the long-term stewardship of its proficient management teams and the effective oversight of its board, which have enabled the company to thrive through many commercial real estate cycles.Its po ...