Quantcast

Kimco Realty Corp's 5.25% Class M Cumulative Redeemable Preferred Stock About To Put More Money In Your Pocket


Shutterstock photo

On 6/28/19, Kimco Realty Corp's 5.25% Class M Cumulative Redeemable Preferred Stock (Symbol: KIM.PRM) will trade ex-dividend, for its quarterly dividend of $0.3281, payable on 7/15/19. As a percentage of KIM.PRM's recent share price of $24.69, this dividend works out to approximately 1.33%, so look for shares of KIM.PRM to trade 1.33% lower - all else being equal - when KIM.PRM shares open for trading on 6/28/19. On an annualized basis, the current yield is approximately 5.33%, which compares to an average yield of 6.65% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of KIM.PRM shares, versus KIM:

Performance Comparison Chart

Below is a dividend history chart for KIM.PRM, showing historical dividends prior to the most recent $0.3281 on Kimco Realty Corp's 5.25% Class M Cumulative Redeemable Preferred Stock:

KIM.PRM+Dividend+History+Chart

In Wednesday trading, Kimco Realty Corp's 5.25% Class M Cumulative Redeemable Preferred Stock (Symbol: KIM.PRM) is currently up about 0.3% on the day, while the common shares (Symbol: KIM) are down about 1.4%.

Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen ยป

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.





This article appears in: Investing , Stocks
Referenced Symbols: KIM.PRM , KIM



More from BNK Invest

Subscribe







BNK Invest
Contributor:

BNK Invest

Market News, Investing












Research Brokers before you trade

Want to trade FX?