Kimco Realty Corp.'s (KIM) preferred stock offers income investors an attractive alternative to the commercial property REIT's common stock. The preferred stock discussed in this article has proven to be less volatile than the REIT's common stock, which will appeal to income investors that want to protect against downside potential in an increasingly volatile market. An investment in Kimco Realty Corp.'s preferred stock yields 5.48 percent.
A couple of days ago I penned an article on the commercial property REIT titled "Kimco Realty Corp.: Buy This Top-Shelf 6.2%-Yielding REIT If Stocks