Kimco Realty Corp. (KIM) is a well-managed commercial property REIT with considerable investments in open-air shopping centers across the United States. Kimco Realty Corp. has an almost fully utilized real estate portfolio, is growing rents through redeveloping properties, and has no problems covering its dividend with adjusted funds from operations. Kimco Realty Corp.'s shares are probably about fully valued today and offer investors a 5.9 percent entry yield.
Kimco Realty Corp. - Portfolio Overview
Kimco Realty Corp. is structured as a real estate investment trust and has an equity value of $8.1 billion.