Slips Kimco Realty Despite Strong Q2 Amid Mediocre Same Property NOI Growth

If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh Entering text into the input field will update the search result below Quick Insights Investors may have been disappointed by same property NOI growth an

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Entering text into the input field will update the search result below Quick Insights Investors may have been disappointed by same property NOI growth and full-year FFO guidance slightly missing consensus expectations. Kimco raised its full-year NOI growth outlook, increased its quarterly dividend by 12%, and revised FFO guidance slightly upward but below consensus at the midpoint. Strong leasing activity, limited new shopping center supply, robust consumer demand, and open-air portfolio shopper traffic support improved cash flow and dividend growth

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