Kimco Realty Corp Announces 2025 Dividend Tax Treatment
Kimco Realty Corporation (NYSE: KIM), a prominent real estate investment trust (REIT) known for its high-quality, open-air, grocery-anchored shopping centers and mixed-use properties across the United States, has released details regarding the tax treatment of its common and preferred stock dividends for the year 2025. This announcement is particularly significant for investors as it lays out the specific allocations that will be reported on Form 1099-DIV.
1. Overview of Dividend Distributions
In its press release, Kimco Realty outlined the upcoming dividend distributions across various share classes, emphasizing the importance of these dividends for both common and preferred stockholders. Below are the key details of the dividend distributions:
Common Shares
- CUSIP # 49446R-10-9
- Total Annual Distribution: $1.010000 per share
- Dividend Breakdown:
- Ordinary Income: $0.989238
- Capital Gains: $0.005442
- Qualified Dividends: $0.983796
The common share dividends will be distributed as follows:
| Ex-Dividend Date | Record Date | Payable Date | Distribution per Share |
|---|---|---|---|
| 03/07/2025 | 03/07/2025 | 03/21/2025 | $0.250000 |
| 06/06/2025 | 06/06/2025 | 06/20/2025 | $0.250000 |
| 09/05/2025 | 09/05/2025 | 09/19/2025 | $0.250000 |
| 12/05/2025 | 12/05/2025 | 12/19/2025 | $0.260000 |
Preferred Shares
Kimco Realty also provided details for its preferred stock dividend distributions across several series:
Preferred Series L (CUSIP 49446R-73-7)
- Total Annual Distribution: $1.281240 per share
- Dividend Breakdown:
- Ordinary Income: $1.262052
- Qualified Dividends: $1.255108
| Ex-Dividend Date | Record Date | Payable Date | Distribution per Share |
|---|---|---|---|
| 01/02/2025 | 01/02/2025 | 01/15/2025 | $0.320310 |
| 04/01/2025 | 04/01/2025 | 04/15/2025 | $0.320310 |
| 07/01/2025 | 07/01/2025 | 07/15/2025 | $0.320310 |
| 10/01/2025 | 10/01/2025 | 10/15/2025 | $0.320310 |
Preferred Series M (CUSIP 49446R-71-1)
- Total Annual Distribution: $1.312520 per share
- Dividend Breakdown:
- Ordinary Income: $1.292860
- Qualified Dividends: $1.285748
| Ex-Dividend Date | Record Date | Payable Date | Distribution per Share |
|---|---|---|---|
| 01/02/2025 | 01/02/2025 | 01/15/2025 | $0.328130 |
| 04/01/2025 | 04/01/2025 | 04/15/2025 | $0.328130 |
| 07/01/2025 | 07/01/2025 | 07/15/2025 | $0.328130 |
| 10/01/2025 | 10/01/2025 | 10/15/2025 | $0.328130 |
Preferred Series N (CUSIP 49446R-687)
- Total Annual Distribution: $3.625000 per share
- Dividend Breakdown:
- Ordinary Income: $3.570708
- Qualified Dividends: $3.551064
| Ex-Dividend Date | Record Date | Payable Date | Distribution per Share |
|---|---|---|---|
| 01/02/2025 | 01/02/2025 | 01/15/2025 | $0.906250 |
| 04/01/2025 | 04/01/2025 | 04/15/2025 | $0.906250 |
| 07/01/2025 | 07/01/2025 | 07/15/2025 | $0.906250 |
| 10/01/2025 | 10/01/2025 | 10/15/2025 | $0.906250 |
2. Strategic Importance of Dividends
Kimco Realty's consistent dividend payments reflect its robust business model and commitment to returning value to its shareholders. The company’s strategic focus on high-quality, grocery-anchored properties positions it favorably within the retail real estate sector, where consumer spending on essential goods remains resilient.
The detailed breakdown provided in the press release will assist investors in tax planning and understanding the nature of their dividends, particularly in distinguishing between ordinary income and capital gains.
3. About Kimco Realty
Kimco Realty has established itself as a leader in the REIT sector, specializing in the ownership and management of shopping centers and mixed-use properties. With a portfolio that spans 564 shopping centers and mixed-use assets, encompassing approximately 100 million square feet of gross leasable space, the company is well-positioned in key metropolitan markets. Its tenant mix focuses on essential goods and services, ensuring consistent foot traffic and rental income.
As the company continues to navigate the evolving retail landscape, its transparent communication and commitment to shareholder value remain paramount.
For more information, investors and interested parties can visit Kimco Realty's investor relations website.
