Kimco Realty's Series D Preferred Shares Crosses Above 6% Yield Territory

Kimco Realty's 7.25% Series D preferred shares were yielding above 6% based on the quarterly dividend of $3.6248 annualized, with the stock trading as low as $59.90. The note is primarily a yield update on a real estate preferred security rather than a material company-specific event.

Analysis

Kimco Realty's 7.25% Series D preferred shares were yielding above 6% based on the quarterly dividend of $3.6248 annualized, with the stock trading as low as $59.90. The note is primarily a yield update on a real estate preferred security rather than a material company-specific event.