Kimco Realty Corporation (NYSE:KIM) Raises Dividend to $0.28 Per Share

Posted by Brian Himes on Aug 4th, 2026

Kimco Realty Corporation (NYSE:KIM – Get Free Report) announced a quarterly dividend on Tuesday, August 4th. Stockholders of record on Friday, September 4th will be given a dividend of 0.28 per share by the real estate investment trust on Thursday, September 17th. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Friday, September 4th. This is a 7.7% increase from Kimco Realty’s previous quarterly dividend of $0.26.

Kimco Realty has raised its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 2 years. Kimco Realty has a dividend payout ratio of 140.5% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Kimco Realty to earn $1.91 per share next year, which means the company should continue to be able to cover its $1.04 annual dividend with an expected future payout ratio of 54.5%.

Kimco Realty Stock Down 1.5%

Shares of NYSE KIM traded down $0.38 during trading hours on Tuesday, hitting $25.03. The stock had a trading volume of 8,282,028 shares, compared to its average volume of 5,278,870. The firm’s 50-day moving average price is $25.17 and its two-hundred day moving average price is $23.60. Kimco Realty has a 52 week low of $19.76 and a 52 week high of $26.65. The company has a market capitalization of $16.88 billion, a P/E ratio of 29.10, a P/E/G ratio of 2.80 and a beta of 0.95. The company has a debt-to-equity ratio of 0.78, a quick ratio of 3.78 and a current ratio of 3.78.

Kimco Realty (NYSE:KIM – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The real estate investment trust reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.26. The firm had revenue of $550.80 million for the quarter, compared to analyst estimates of $543.75 million. Kimco Realty had a net margin of 28.54% and a return on equity of 5.82%. The company’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.44 earnings per share. Kimco Realty has set its FY 2026 guidance at 1.830-1.840 EPS. Analysts anticipate that Kimco Realty will post 1.83 EPS for the current fiscal year.

Hedge Funds Weigh In On Kimco Realty

Several hedge funds have recently added to or reduced their stakes in KIM. Quadrant Capital Group LLC grew its holdings in shares of Kimco Realty by 1.7% during the third quarter. Quadrant Capital Group LLC now owns 30,335 shares of the real estate investment trust’s stock worth $663,000 after purchasing an additional 503 shares during the last quarter. Parallel Advisors LLC lifted its position in shares of Kimco Realty by 11.2% during the 3rd quarter. Parallel Advisors LLC now owns 5,176 shares of the real estate investment trust’s stock valued at $113,000 after acquiring an additional 520 shares during the period. EPG Wealth Management LLC boosted its position in shares of Kimco Realty by 1.8% in the 4th quarter. EPG Wealth Management LLC now owns 30,771 shares of the real estate investment trust’s stock worth $624,000 after buying an additional 530 shares in the last quarter. Root Financial Partners LLC increased its position in Kimco Realty by 60.7% during the first quarter. Root Financial Partners LLC now owns 1,446 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 546 shares in the last quarter. Finally, Norinchukin Bank The raised its position in shares of Kimco Realty by 0.8% in the third quarter. Norinchukin Bank The now owns 73,337 shares of the real estate investment trust’s stock valued at $1,602,000 after buying an additional 603 shares during the last quarter. Institutional investors and hedge funds own 89.25% of the company’s stock.

Kimco Realty Company Profile

(Get Free Report)

Founded in 1958 by Milton Cooper and headquartered in Jericho, New York, Kimco Realty Corporation (NYSE: KIM) is a leading publicly traded real estate investment trust (REIT) specializing in the ownership, operation and development of open-air shopping centers. The company’s portfolio, concentrated on neighborhood and community centers anchored by grocery stores, encompasses approximately 400 properties across the United States, with selective holdings in Canada and Mexico.

Kimco’s core business activities include acquiring, repositioning and managing retail real estate assets that serve as daily-need destinations for consumers.