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home / news releases / SKT - Kimco Realty: A Reliable Shopping-Center REIT Providing A 5.1% Yield

SKT - Kimco Realty: A Reliable Shopping-Center REIT Providing A 5.1% Yield

Tanger Factory Outlet Centers Inc.

2024-03-21 11:00:29 ET

Summary

  • Kimco Realty is benefiting from strong growth in rental rates in its metropolitan area-focused real estate portfolio.
  • The REIT has a growing portfolio occupancy and recently increased its quarterly dividend payout.
  • Kimco Realty's focus on grocery-anchored open-air shopping centers ensures high occupancy and the ability to raise rental rates.

Kimco Realty Corporation ( KIM ) is a well-managed real estate investment trust that is profiting from robust growth in rental rates in its metropolitan area-focused real estate portfolio....

For further details see:

Kimco Realty: A Reliable Shopping-Center REIT Providing A 5.1% Yield
Stock Information
Company Name: Tanger Factory Outlet Centers Inc.
Stock Symbol: SKT
Market: NYSE
Website: tangeroutlet.com
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