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Why Kimco Realty (KIM) is a Great Dividend Stock Right Now
Kimco RealtyKimco Realty(US:KIM) ZACKSยท2025-05-21 16:51

Company Overview - Kimco Realty (KIM) is headquartered in Jericho and operates in the Finance sector [3] - The stock has experienced a price change of -9.09% since the beginning of the year [3] Dividend Information - Kimco Realty currently pays a dividend of $0.25 per share, resulting in a dividend yield of 4.69% [3] - The REIT and Equity Trust - Retail industry's average yield is 4.2%, while the S&P 500's yield is 1.53% [3] - The company's annualized dividend of $1 has increased by 3.1% from the previous year [4] - Over the past five years, Kimco Realty has raised its dividend four times, averaging an annual increase of 15.31% [4] - The current payout ratio is 59%, indicating that 59% of its trailing 12-month EPS is paid out as dividends [4] Earnings Growth - The Zacks Consensus Estimate for Kimco Realty's earnings in 2025 is $1.72 per share, reflecting a year-over-year growth rate of 4.24% [5] Investment Considerations - Dividends are favored by investors for various reasons, including improving stock investing profits and providing tax advantages [6] - High-yielding stocks may face challenges during periods of rising interest rates, but Kimco Realty is considered a compelling investment opportunity due to its strong dividend profile [7] - The stock currently holds a Zacks Rank of 3 (Hold) [7]