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Kimco Realty shows strong balance sheet and attractive preferred stock yields around 6.5%.

Market News
08 Jul 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Kimco Realty Corporation has a robust financial position with $19.58 billion in assets, an investment-grade credit rating, and a high asset coverage ratio of about 236%. Its preferred stocks, KIM.PR.L and KIM.PR.M, offer yields near 6.5% but trade below par, presenting potential investment opportunities. The company owns 565 properties mainly leased to grocery, beverage, and restaurant sectors. These factors make Kimco an interesting option for investors seeking stable income from real estate investments.

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