Kimco Realty Corporation Announces Quarterly Dividends on Common and Preferred Shares
NEW HYDE PARK, N.Y.--(BUSINESS WIRE)--
Kimco Realty Corporation (NYSE: KIM) announced today that its Board of Directors declared a dividend of $0.40 per common share payable on January 15, 2008 to common shareholders of record on January 2, 2008 representing an ex-dividend date of December 28, 2007.
The Company also announced that its Board of Directors declared quarterly dividends for the Company's preferred shares.
The Series F Depositary Shares, each representing 1/10 of a Share of 6.65% Series F Cumulative Redeemable Preferred Shares, quarterly dividend of $0.415625 per preferred depositary share will be paid on January 15, 2008 to shareholders of record on January 2, 2008, representing an ex-dividend of December 28, 2007.
The Series G Depositary Shares, each representing 1/100 of a Share of 7.75% Series G Cumulative Redeemable Preferred Shares, dividend of $0.511285 per preferred depositary share will be paid on January 15, 2008 to shareholders of record on January 2, 2008, representing an ex-dividend date of December 28, 2007. This dividend represents the period from October 10 through and including January 14, 2008. The dividend on the Company's 7.75% Series G Preferred Depositary Shares represents an annualized dividend of $1.9375 per share.
Kimco Realty Corporation, a real estate investment trust (REIT), owns and operates the nation's largest portfolio of neighborhood and community shopping centers. As of September 30, 2007, the company owned interests in approximately 1,959 properties comprising 183 million square feet of leaseable space across 45 states, Puerto Rico, Canada, Mexico and Chile. Publicly traded on the NYSE under the symbol KIM and included in the S&P 500 Index, the company has specialized in shopping center acquisitions, development and management for more than 45 years. For further information, visit the Company's web site at www.kimcorealty.com.
Source: Kimco Realty Corporation
Released December 17, 2007