Kimco Realty Corp. (KIM) is a high-quality, yet misunderstood commercial property REIT. The real estate investment trust has a strong real estate portfolio, limited exposure to troubled retailers, and surprisingly strong distribution coverage stats. The REIT's valuation and risk/reward-ratio have become more appealing on the market correction. An investment in Kimco Realty Corp. at today's valuation point translates into a 7.5 percent entry yield. The yield on cost is most likely going to rise going forward.
Market Hiccup Presents Entry Opportunity
Like most real estate investment trusts, Kimco Realty Corp.'s shares have taken