{"id":385579,"date":"2020-11-19T16:14:19","date_gmt":"2020-11-19T21:14:19","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=385579"},"modified":"2020-11-19T16:14:19","modified_gmt":"2020-11-19T21:14:19","slug":"kimco-realty-declares-common-stock-cash-dividend-for-fourth-quarter-2020","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/kimco-realty-declares-common-stock-cash-dividend-for-fourth-quarter-2020\/","title":{"rendered":"Kimco Realty Declares Common Stock Cash Dividend for Fourth Quarter 2020"},"content":{"rendered":"

<\/p>\n

Kimco Realty Declares Common Stock Cash Dividend for Fourth Quarter 2020<\/b><\/p>\n

JERICHO, N.Y.–(BUSINESS WIRE<\/a>)–
\nKimco Realty Corp. (NYSE: KIM), one of North America\u2019s largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets, today announced that its Board of Directors declared a quarterly cash dividend of $0.16 per common share, payable on December 23, 2020 to shareholders of record on December 9, 2020.\n<\/p>\n

\nThrough the third quarter of 2020, Kimco had paid cash dividends totaling $0.66 per share on its common shares in 2020. This dividend payment, together with dividends previously paid by the company, shall meet Kimco\u2019s taxable income distribution requirements for 2020, as currently projected. The company expects to establish a more normalized and well-covered dividend level based on our adjusted funds from operations and REIT taxable income in 2021.\n<\/p>\n

About Kimco<\/span><\/b><\/p>\n

\nKimco Realty Corp. (NYSE:KIM) is a real estate investment trust (REIT) headquartered in Jericho, N.Y. that is one of North America\u2019s largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets. As of September 30, 2020, the company owned interests in 400 U.S. shopping centers and mixed-use assets comprising 70 million square feet of gross leasable space primarily concentrated in the top major metropolitan markets. Publicly traded on the NYSE since 1991, and included in the S&P 500 Index, the company has specialized in shopping center acquisitions, development and management for more than 60 years. For further information, please visit www.kimcorealty.com<\/a>, the company\u2019s blog at blog.kimcorealty.com<\/a>, or follow Kimco on Twitter at www.twitter.com\/kimcorealty<\/a>.\n<\/p>\n

\nThe company announces material information to its investors using the company\u2019s investor relations website (investors.kimcorealty.com<\/a>), SEC filings, press releases, public conference calls, and webcasts. The company also uses social media to communicate with its investors and the public, and the information the company posts on social media may be deemed material information. Therefore, the company encourages investors, the media, and others interested in the company to review the information that it posts on the company\u2019s blog (blog.kimcorealty.com<\/a>) and social media channels, including Facebook (www.facebook.com\/KimcoRealty<\/a>), Twitter (www.twitter.com\/kimcorealty<\/a>), YouTube (www.youtube.com\/kimcorealty<\/a>) and LinkedIn (www.linkedin.com\/company\/kimco-realty-corporation<\/a>). The list of social media channels that the company uses may be updated on its investor relations website from time to time.\n<\/p>\n

Safe Harbor Statement<\/span><\/b><\/p>\n

\nThe statements in this news release state the company\u2019s and management\u2019s intentions, beliefs, expectations or projections of the future and are forward-looking statements. It is important to note that the company\u2019s actual results could differ materially from those projected in such forward-looking statements. Factors which may cause actual results to differ materially from current expectations include, but are not limited to, (i) general adverse economic and local real estate conditions, (ii) the inability of major tenants to continue paying their rent obligations due to bankruptcy, insolvency or a general downturn in their business, (iii) financing risks, such as the inability to obtain equity, debt or other sources of financing or refinancing on favorable terms to the company, (iv) the company\u2019s ability to raise capital by selling its assets, (v) changes in governmental laws and regulations and management\u2019s ability to estimate the impact of such changes, (vi) the level and volatility of interest rates and management\u2019s ability to estimate the impact thereof, (vii) pandemics or other health crises, such as coronavirus disease 2019 (COVID-19), (viii) the availability of suitable acquisition, disposition, development and redevelopment opportunities, and risks related to acquisitions not performing in accordance with our expectations, (ix) valuation and risks related to the company\u2019s joint venture and preferred equity investments, (x) valuation of marketable securities and other investments, (xi) increases in operating costs, (xii) changes in the dividend policy for the company\u2019s common and preferred stock and the company\u2019s ability to pay dividends at current levels, (xiii) the reduction in the company\u2019s income in the event of multiple lease terminations by tenants or a failure by multiple tenants to occupy their premises in a shopping center, (xiv) impairment charges and (xv) unanticipated changes in the company\u2019s intention or ability to prepay certain debt prior to maturity and\/or hold certain securities until maturity. Additional information concerning factors that could cause actual results to differ materially from those forward- looking statements is contained from time to time in the company\u2019s Securities and Exchange Commission (\u201cSEC\u201d) filings. Copies of each filing may be obtained from the company or the SEC.\n<\/p>\n

\nThe company refers you to the documents filed by the company from time to time with the SEC, specifically the section titled \u201cRisk Factors\u201d in the company\u2019s Annual Report on Form 10-K for the year ended December 31, 2019, as may be updated or supplemented in the company\u2019s Quarterly Reports on Form 10-Q and the company\u2019s other filings with the SEC, which discuss these and other factors that could adversely affect the company\u2019s results. The company disclaims any intention or obligation to update the forward-looking statements, whether as a result of new information, future events or otherwise.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201119006280\/en\/<\/a><\/span><\/p>\n

\nDavid F. Bujnicki
\n
Senior Vice President, Investor Relations and Strategy
\n
Kimco Realty Corporation
\n
1-866-831-4297
\n
dbujnicki@kimcorealty.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America New York<\/p>\n

INDUSTRY KEYWORDS:<\/b> Retail Supermarket Commercial Building & Real Estate Construction & Property REIT Food\/Beverage<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
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Kimco Realty Declares Common Stock Cash Dividend for Fourth Quarter 2020 JERICHO, N.Y.–(BUSINESS WIRE)– Kimco Realty Corp. (NYSE: KIM), one of North America\u2019s largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets, today announced that its Board of Directors declared a quarterly cash dividend of $0.16 per common share, payable on December 23, 2020 to shareholders of record on December 9, 2020. Through the third quarter of 2020, Kimco had paid cash dividends totaling $0.66 per share on its common shares in 2020. This dividend payment, together with dividends previously paid by the company, shall meet Kimco\u2019s taxable income distribution requirements for 2020, as currently projected. The company expects to establish a more normalized and … <\/p>\n

Continue reading “Kimco Realty Declares Common Stock Cash Dividend for Fourth Quarter 2020”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-385579","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nKimco Realty Declares Common Stock Cash Dividend for Fourth Quarter 2020 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kimco-realty-declares-common-stock-cash-dividend-for-fourth-quarter-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kimco Realty Declares Common Stock Cash Dividend for Fourth Quarter 2020 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Kimco Realty Declares Common Stock Cash Dividend for Fourth Quarter 2020 JERICHO, N.Y.–(BUSINESS WIRE)– Kimco Realty Corp. (NYSE: KIM), one of North America\u2019s largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets, today announced that its Board of Directors declared a quarterly cash dividend of $0.16 per common share, payable on December 23, 2020 to shareholders of record on December 9, 2020. Through the third quarter of 2020, Kimco had paid cash dividends totaling $0.66 per share on its common shares in 2020. This dividend payment, together with dividends previously paid by the company, shall meet Kimco\u2019s taxable income distribution requirements for 2020, as currently projected. 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