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Kimco Realty's Class M Preferred Stock Shares Cross 7% Yield Mark
Source: Nasdaq
Credit & Bond MarketsCapital Returns (Dividends / Buybacks)Company Fundamentals
Kimco Realty's 5.25% Class M cumulative redeemable preferred shares (KIM.PRM) yielded above 7% on Wednesday, based on an annualized quarterly dividend of $1.3125. The shares traded as low as $18.72; the article provides no further context or market reaction.
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