Kimco Realty (KIM) Tops Q3 FFO by 1c; Updates FY16 FFO Outlook
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Kimco Realty Reports Third Quarter 2016 Results
October 27, 2016 4:01 PM EDT
Companys 2020 Vision Continues to Focus on Quality Portfolio and
Strong Capital Structure;
Board Approves 5.9% Increase in
Common Stock Dividend
NEW HYDE PARK, N.Y.--(BUSINESS WIRE)-- Kimco Realty Corp. (NYSE: KIM) today reported results for the third quarter ended September 30, 2016.
Highlights:
Board increases quarterly common stock cash dividend 5.9% to $0.27 per share (equivalent to $1.08 per annum); Raised $146.7 million from the issuance of 4.8 million shares of common stock at a weighted average price of $30.59 per share under the... More