Why Is Kimco Realty (KIM) Raising Its Dividend While Issuing $600 Million In Notes?

Kimco Realty (NYSE:KIM) announced a 12% increase in its quarterly common dividend, along with new financial updates. The company issued US$600 million of exchangeable senior notes as part of its recent capital moves. Management also raised full-year earnings guidance, citing expectations for stronger cash flow support. For readers comparing Kimco Realty with other income ideas in the market, the next logical place to look is 8 dividend fortresses NYSE:KIM Earnings & Revenue Growth as at Aug...