Kimco Stock To Go Ex-dividend Monday (KIM)

NEW YORK ( TheStreet) -- The ex-dividend date for Kimco Realty (NYSE: KIM) is Monday, April 2, 2012. Owners of shares as of market close today will be eligible for a dividend of 19 cents per share. At a price of $19.42 as of 9:30 a.m. ET, the dividend yield is 3.9%.

The average volume for Kimco has been 3.7 million shares per day over the past 30 days. Kimco has a market cap of $7.53 billion and is part of the financial sector and real estate industry. Shares are up 20% year to date as of the close of trading on Thursday.

Kimco Realty Corporation is an independent real estate investment trust. The firm invests in the real estate markets of North America. It is primarily engaged in acquisitions, development, and management of neighborhood and community shopping centers. The company has a P/E ratio of 74.9, below the average real estate industry P/E ratio of 92.5 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Kimco as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Kimco Ratings Report.

See our dividend calendar or top-yielding stocks list.
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