Kimco Realty Corp (NYSE:KIM)
The Company owns and operates neighborhood and community shopping centers. It is a self-administered real estate investment trust and manages its properties through leasing, asset management, maintenance, construction, legal, finance and accounting.
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Shoping center REIT. They're being built on every other block.
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Buy and hold -- pays $1.32 annually- great play money. Makes a nice DRIP stock.
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one of the best managed REITs in the world, long term looks good
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kimco realty is a "total return stock" offering dividend and capital growth for the long term investor. this landlord owns, develops, and manages neighborhood centers across the US, and is growing into Canada, Mexico, and Puerto Rico. the company has been in the commerical real estate business since the 60's, long before it became a REIT, and has succeeded through many market cycles. they know their business well.
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