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Kimco Raises Dividend, Recovers More Rents in Third Quarter

Shopping Center REIT Credits Focus on Grocery Stores as Essential Tenants in Pandemic
Kimco touted the high rent levels paid by its grocery-anchored retail centers, such as Braelinn Village in Peachtree City, Georgia, which has a Kroger store as its major tenant. (CoStar)
Kimco touted the high rent levels paid by its grocery-anchored retail centers, such as Braelinn Village in Peachtree City, Georgia, which has a Kroger store as its major tenant. (CoStar)
By Sunny Chudgar
CoStar Research
November 29, 2020 | 11:53 P.M.

Kimco Realty Corp. committed to issue a fourth quarter dividend to common shareholders. The shopping center real estate investment trust declared a quarterly cash dividend of $0.16 per common share, which will be payable on December 23, 2020 to shareholders of record on December 9, 2020.

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