By Samuel Smith
Kimco Realty (KIM) offers investors the opportunity to invest in grocery-anchored shopping center properties. The company has improved its property portfolio, setting the stage for long-term growth. In the meantime, investors can collect an attractive 6.5% dividend yield.
While certainly not risk-free, the dividend is backed by a strong property portfolio that should be resistant to both recessions and e-commerce. Combined with a strong balance sheet and a 6.5% dividend yield, Kimco is an attractive high-yield dividend stock. You can see our complete list of all 5%+ dividend yielding stocks