Kimco Realty: A 5% Yield I Am Piling Excess Cash Into Right Now
Kimco Realty(KIM) Seeking Alpha·2024-06-05 21:43
Luis Alvarez I added aggressively to my position in Kimco Realty Corporation (NYSE:KIM) last week as the stock went through a short period of unearned selling weakness. Kimco Realty profited from strong lease activity in the first quarter and continued to exhibit very health pay-out metrics as far as the real estate investment trust’s dividend is concerned. Kimco Realty's low pay-out variability and favorable leasing spreads make the trust a compelling buy from a cash flow and dividend growth angle. My ...