Analysis – Kimco Realty Corp. Increases Dividend by 7%

KIM

Kimco Realty Corporation announced a regular quarterly dividend of $0.24, a 7 percent increase from the prior rate of $0.225 per share. The dividend will be paid at the new higher rate on January 15, 2015, to shareholders of record at close of business on January 2, 2015.

Date Quarterly Dividend
1/2/2015 0.24
10/1/2014 0.225
7/1/2014 0.225
4/1/2014 0.225
10/1/2013 0.21
7/1/2013 0.21
4/1/2013 0.21
12/28/2012 0.21
10/1/2012 0.19
7/2/2012 0.19
4/2/2012 0.19
12/30/2011 0.19
10/3/2011 0.18
7/1/2011 0.18
4/1/2011 0.18
12/30/2010 0.18
10/1/2010 0.16
6/29/2010 0.16
3/31/2010 0.16

Analysis of Valuation of Kimco Realty (Symbol KIM).

Kimco Realty is trading at the middle of its average price/sale (P/S) range.  Kimco Realty is trading below its average historical dividend yield. 

Price 12/04/14 % Yield 5 Year Div. Growth Rate  SPS    2014 P/S Ratio 10 yr P/S  Low 10 yr P/S  High 5 yr max Yield % 5 yr lowest Yield %
$25.46 3.80% 8.7% 9.30 2.36 0.61 4.16 8.00% 2.66%

Kimco Realty Dividend Yield Chart (Click to enlarge)

kim chart

Explanation:  Dividend growth stocks may be valued upon historical relative price/sales and current yield analysis. Dividend stocks trading at a low historical price/sales (P/S) ratio should be viewed more highly to investors due to their depressed valuation versus other higher P/S ratio stocks.  Max P/S price target is based upon company reaching its highest historical P/S ratio.  Dividend stocks should also be viewed favorably when the current yield is above historical readings for the past 10 years.  Further information on evaluating dividend growth candidates can be found at http://seekingalpha.com/author/timothy-mcintosh/articles

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s