Kimco Realty Declares Common Stock Cash Dividend for Third Quarter of 2021
13 Agosto 2021 - 3:04PM
Business Wire
Kimco Realty Corp. (NYSE: KIM), North America’s largest publicly
traded owner and operator of open-air, grocery-anchored shopping
centers and mixed-use assets, today announced that its Board of
Directors declared a quarterly cash dividend of $0.17 per common
share, payable on September 23, 2021 to shareholders of record on
September 9, 2021.
About Kimco
Kimco Realty Corp. (NYSE:KIM) is a real estate investment trust
(REIT) headquartered in Jericho, N.Y. that is North America’s
largest publicly traded owner and operator of open-air,
grocery-anchored shopping centers and mixed-use assets. As of June
30, 2021, the company owned interests in 398 U.S. shopping centers
and mixed-use assets comprising 70 million square feet of gross
leasable space primarily concentrated in the top major metropolitan
markets. Publicly traded on the NYSE since 1991, and included in
the S&P 500 Index, the company has specialized in shopping
center acquisitions, development and management for more than 60
years. For further information, please visit www.kimcorealty.com or
follow Kimco on Twitter at www.twitter.com/kimcorealty.
The company announces material information to its investors
using the company’s investor relations website
(investors.kimcorealty.com), SEC filings, press releases, public
conference calls, and webcasts. The company also uses social media
to communicate with its investors and the public, and the
information the company posts on social media may be deemed
material information. Therefore, the company encourages investors,
the media, and others interested in the company to review the
information that it posts on the social media channels, including
Facebook (www.facebook.com/KimcoRealty), Twitter
(www.twitter.com/kimcorealty), YouTube
(www.youtube.com/kimcorealty) and LinkedIn
(www.linkedin.com/company/kimco-realty-corporation). The list of
social media channels that the company uses may be updated on its
investor relations website from time to time.
Safe Harbor Statement
This communication contains certain “forward-looking” statements
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Kimco Realty Corporation (“KIM”) intends such
forward-looking statements to be covered by the safe harbor
provisions for forward-looking statements contained in the Private
Securities Litigation Reform Act of 1995 and includes this
statement for purposes of complying with the safe harbor
provisions. Words such as “expects,” “anticipates,” “intends,”
“plans,” “believes,” “seeks,” “estimates,” “will,” “should,” “may,”
“projects,” “could,” “estimates” or variations of such words and
other similar expressions are intended to identify such
forward-looking statements, which generally are not historical in
nature, but not all forward-looking statements include such
identifying words. Actual results and the timing of events could
differ materially from those anticipated in such forward-looking
statements as a result of risks and uncertainties, which include,
without limitation, risks and uncertainties associated with:
failure to realize the expected benefits of the merger; significant
transaction costs and/or unknown or inestimable liabilities related
to the merger; the risk of shareholder litigation in connection
with the merger; the risk that WRI’s business will not be
integrated successfully or that such integration may be more
difficult, time-consuming or costly than expected; risks related to
future opportunities and plans for the combined company, including
the uncertainty of expected future financial performance and
results of the combined company; the possibility that, if KIM does
not achieve the perceived benefits of the merger as rapidly or to
the extent anticipated by financial analysts or investors, the
market price of KIM’s common stock could decline; general adverse
economic and local real estate conditions; the inability of major
tenants to continue paying their rent obligations due to
bankruptcy, insolvency or a general downturn in their business;
financing risks, such as the inability to obtain equity, debt or
other sources of financing or refinancing on favorable terms to
KIM; KIM’s ability to raise capital by selling its assets; changes
in governmental laws and regulations and management’s ability to
estimate the impact of such changes; the level and volatility of
interest rates and management’s ability to estimate the impact
thereof; pandemics or other health crises, such as coronavirus
disease 2019 (COVID-19); the availability of suitable acquisition,
disposition, development and redevelopment opportunities, and risks
related to acquisitions not performing in accordance with our
expectations; valuation and risks related to KIM’s joint venture
and preferred equity investments; valuation of marketable
securities and other investments, including the shares of
Albertsons Companies Inc. common stock held by KIM; increases in
operating costs; changes in the dividend policy for KIM’s common
and preferred stock and KIM’s ability to pay dividends; the
reduction in KIM’s income in the event of multiple lease
terminations by tenants or a failure of multiple tenants to occupy
their premises in a shopping center; impairment charges;
unanticipated changes in KIM’s intention or ability to prepay
certain debt prior to maturity and/or hold certain securities until
maturity; and other risks and uncertainties, including those
described from time to time under the caption “Risk Factors” and
elsewhere in KIM’s Securities and Exchange Commission (“SEC”)
filings and reports, including KIM’s Annual Report on Form 10-K for
the year ended December 31, 2020, and subsequent Quarterly Reports
on Form 10-Q. Moreover, other risks and uncertainties of which KIM
is not currently aware may also affect KIM’s forward-looking
statements and may cause actual results and the timing of events to
differ materially from those anticipated. The forward-looking
statements made in this press release are made only as of the date
hereof or as of the dates indicated in the forward-looking
statements. KIM does not undertake any obligation to update or
supplement any forward-looking statements to reflect actual
results, new information, future events, changes in its
expectations or other circumstances that exist after the date as of
which the forward-looking statements were made.
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version on businesswire.com: https://www.businesswire.com/news/home/20210813005238/en/
David F. Bujnicki Senior Vice President, Investor Relations and
Strategy Kimco Realty Corporation 1-866-831-4297
dbujnicki@kimcorealty.com
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