Kimco Realty stock rises after a dividend lift and notes sale
Published on 08/13/2026 at 14:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Kimco Realty stock is holding near $24 after the company paired a 12% dividend increase to $0.28 a share with $600 million of exchangeable senior notes due 2031, a mix that signals cash-return strength and balance-sheet use at the same time.
The shares last closed at $24.15 on August 12, 2026, up 0.75%, with a market value of $16.20 billion and a 52-week range of $19.76 to $26.65.
Q2 figures stay the anchor
For the latest quarter, Kimco reported revenue of $550.8 million and earnings of $153.29 million, while FFO per share came in at $0.46, above the consensus estimate of $0.45 by $0.01.
That quarter also showed 4.0% year-over-year revenue growth and record occupancy of 96.4%, which helps explain why the market has kept the stock within a tight trading band even after the dividend move.
Analyst view and trading range
The current analyst backdrop is constructive, with a consensus price target of $26.50 and a moderate buy rating, while the stock has gained 19.1% from its $20.28 start-of-year level.
That still leaves the shares below the 52-week high of $26.65, and the latest close sat only $0.50 above the 50-day range low of $23.96.
Portfolio mix matters
Kimco Realty's business is centered on open-air, grocery-anchored shopping centers, and its June 30, 2026 portfolio totaled 564 U.S. shopping centers and mixed-use assets across 100 million square feet of gross leasable space.
That scale gives the dividend and note financing context extra weight, because the company is funding capital returns and financial flexibility against a large, necessity-driven retail base.
Shares and yield
Kimco Realty shares last traded at $24.15 on August 12, 2026, and the implied forward dividend yield stood at 4.58% on the latest quote snapshot.
The next earnings date is October 29, 2026.
Fact box
Company: Kimco Realty Corporation
ISIN: US49446R1095
Ticker: KIM
Exchange: NYSE
Price (as of August 12, 2026, 3:58 p.m. ET): $24.15 USD
Market cap: $16.20 billion
Sector / Industry: Real Estate / Retail REITs
Index membership: S&P 500
Next earnings date: October 29, 2026
Go deeper
Kimco Realty's portfolio is built around grocery-anchored shopping centers and mixed-use properties that rely on daily traffic and recurring tenant demand.
Investor Relations
More on Kimco Realty stock.
