Kimco Realty's latest quarterly cash dividend of $0.24 per share was issued to shareholders on record before Mar 6, 2024. The dividend distribution stands at $0.94 per share annually, which comes to a dividend yield of 5.3%.
Kimco Realty's dividend yield of 5.3% is higher than its peers average but lower than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 6.52%, Kimco Realty's dividend yield is 19% lower. The current dividend yield is higher than the historical average of 4.9% of the last 5 years.
Kimco Realty has been paying dividends for the last 30 years. Our records show that KIM has distributed five dividends in the past year. This includes four regular and one special dividends. The annualized dividend per share has increased by 12% since twelve months ago. And with the price of the stock down by 7% from a year ago, the dividend yield has increased by 21%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 6, 2024 | Mar 21, 2024 | Feb 8, 2024 | $0.24 | normal |
| Dec 6, 2023 | Dec 21, 2023 | Nov 13, 2023 | $0.09 | special |
| Dec 6, 2023 | Dec 21, 2023 | Oct 26, 2023 | $0.24 | normal |
| Sep 6, 2023 | Sep 21, 2023 | Jul 27, 2023 | $0.23 | normal |
| Jun 7, 2023 | Jun 22, 2023 | Apr 27, 2023 | $0.23 | normal |
| Dec 8, 2022 | Dec 23, 2022 | Oct 27, 2022 | $0.23 | normal |
| Sep 8, 2022 | Sep 23, 2022 | Jul 28, 2022 | $0.22 | normal |
| Jun 8, 2022 | Jun 23, 2022 | Apr 27, 2022 | $0.2 | normal |
| Mar 9, 2022 | Mar 24, 2022 | Feb 2, 2022 | $0.19 | normal |
| Dec 8, 2021 | Dec 23, 2021 | Oct 27, 2021 | $0.17 | normal |
| Sep 8, 2021 | Sep 23, 2021 | Aug 13, 2021 | $0.17 | normal |
| Jun 8, 2021 | Jun 23, 2021 | Apr 29, 2021 | $0.17 | normal |
| Mar 9, 2021 | Mar 24, 2021 | Feb 22, 2021 | $0.17 | normal |
| Dec 8, 2020 | Dec 23, 2020 | Nov 19, 2020 | $0.16 | normal |
| Sep 9, 2020 | Sep 24, 2020 | Sep 1, 2020 | $0.1 | normal |
| Apr 1, 2020 | Apr 15, 2020 | Jan 30, 2020 | $0.28 | normal |
| Dec 31, 2019 | Jan 15, 2020 | Oct 24, 2019 | $0.28 | normal |
| Oct 1, 2019 | Oct 15, 2019 | Jul 23, 2019 | $0.28 | normal |
| Jul 1, 2019 | Jul 15, 2019 | May 2, 2019 | $0.28 | normal |
| Apr 1, 2019 | Apr 15, 2019 | Jan 31, 2019 | $0.28 | normal |
| Dec 31, 2018 | Jan 15, 2019 | Oct 25, 2018 | $0.28 | normal |
| Oct 1, 2018 | Oct 15, 2018 | Jul 26, 2018 | $0.28 | normal |
| Jul 2, 2018 | Jul 16, 2018 | Apr 24, 2018 | $0.28 | normal |
| Apr 2, 2018 | Apr 16, 2018 | Jan 31, 2018 | $0.28 | normal |
| Dec 29, 2017 | Jan 16, 2018 | Oct 25, 2017 | $0.28 | normal |
| Oct 3, 2017 | Oct 16, 2017 | Sep 19, 2017 | $0.27 | normal |
| Jul 3, 2017 | Jul 17, 2017 | Apr 26, 2017 | $0.27 | normal |
| Apr 3, 2017 | Apr 17, 2017 | $0.27 | normal | |
| Dec 29, 2016 | Jan 17, 2017 | Oct 27, 2016 | $0.27 | normal |
| Oct 3, 2016 | Oct 17, 2016 | Jul 27, 2016 | $0.255 | normal |
| Jul 1, 2016 | Jul 15, 2016 | Apr 27, 2016 | $0.255 | normal |
| Apr 1, 2016 | Apr 15, 2016 | $0.255 | normal | |
| Dec 30, 2015 | Jan 15, 2016 | Nov 4, 2015 | $0.255 | normal |
| Oct 1, 2015 | Oct 15, 2015 | $0.24 | normal |
Kimco Realty's payout ratio of 92.2% is above its peers average but below the Real Estate sector and the industry average. If we compare it with its Real Estate sector average of 137.9%, Kimco Realty's payout ratio is 33% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| KIM Kimco Realty Corp | 5.3% | $0.94 | 92.2% |
| LOW Lowes Companies Inc | 1.9% | $4.35 | 32.9% |
| WMT Walmart Inc | 1.31% | $0.78 | 40.5% |
Yes, Kimco Realty has been paying dividends for the last 30 years.
At this point we don't have a record of KIM's next dividend date, but based on the current dividend schedule we project that it will likely be in June 2024.
Kimco Realty's last dividend ex-date was on Mar 6, 2024. The dividend amount was $0.24 per share.
KIM's annualized dividend per share is $0.94.
Kimco Realty's current dividend yield is 5.3%.
Kimco Realty pays four dividends per year (excluding specials).
The dividend payout ratio of Kimco Realty is 92.2%.
Kimco Realty's dividend yield is lower than the Real Estate sector average.