Kimco Realty: Why Preferred Stocks Are The 'Hidden Lemon' In The REIT Giant's Portfolio
Kimco Realty's preferred stocks are highlighted as undervalued assets within its portfolio. The preferred shares, KIM.PR.L and KIM.PR.M, yield 6.6% and are trading approximately 20% below par value. The article suggests that these stocks offer strong coverage and could be a worthwhile investment opportunity.
- ▪Kimco Realty's preferred stocks are considered undervalued.
- ▪The preferred shares KIM.PR.L and KIM.PR.M yield 6.6%.
- ▪These stocks are trading around 20% below par value.
Opening excerpt (first ~120 words) tap to expand
{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://seekingalpha.com/"},{"@type":"ListItem","position":2,"name":"Dividends Analysis","item":"https://seekingalpha.com/dividends"},{"@type":"ListItem","position":3,"name":"REITs Analysis","item":"https://seekingalpha.com/dividends/reits"},{"@type":"ListItem","position":4,"name":"Real Estate Analysis","item":"https://seekingalpha.com/stock-ideas/real-estate"}]}{"@context":"https://schema.org","@type":"NewsArticle","mainEntityOfPage":{"@type":"WebPage","@id":"https://seekingalpha.com/article/4906443-kimco-realty-why-preferred-stocks-are-the-hidden-lemon-in-the-reit-giants-portfolio"},"author":{"@type":"Person","name":"Coupon…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Seeking Alpha.
Discussion
0 commentsMore from Seeking Alpha
