Kimco reports higher FFO, raises 2026 outlook and dividend
Filed with the SEC on · Summarized by InvestorsBot
Kimco Realty reported second-quarter 2026 FFO of $0.46 per diluted share, up from $0.44 a year earlier, while net income per diluted share fell to $0.22 from $0.23; occupancy reached 96.4% and same-property NOI rose 3.5%. The REIT raised its 2026 outlook to $1.00-$1.03 in net income and $1.83-$1.84 in FFO per diluted share, increased its quarterly dividend 12% to $0.28 payable September 17, 2026, and issued $600 million of 3.50% exchangeable senior notes due 2031.