NEW YORK (
) -- The ex-dividend date for
Kimco Realty Corporation
) is tomorrow, April one, 2011. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $18.17 as of 9:31 a.m. ET, the dividend yield is 4%.
The average volume for Kimco has been 4.1 million shares per day over the past 30 days. Kimco has a market cap of $7.3 billion and is part of the
industry. Shares are up 0.7% year to date as of the close of trading on Wednesday.
Kimco Realty Corporation is a publicly owned real estate investment trust. The firm engages in acquisitions, development, and management of neighborhood and community shopping centers. The company has a P/E ratio of 94.3, equal to the average real estate industry P/E ratio and above the S&P 500 P/E ratio of 16.2.
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TheStreet Ratings rates Kimco as hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and poor profit margins. You can view the full