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0.00251256281407021 0.00402010050251248 0.00603015075376871 0.00452261306532663 0.0185929648241205 0.0241206030150754 0.0195979899497488 0.029145728643216
Stock impact report

Why Kimco Realty Stock Popped 10% at the Open Today [The Motley Fool]

Kimco Realty Corporation (KIM) 
Last kimco realty corporation earnings: 1/30 07:30 am Check Earnings Report
US:NYSE Investor Relations: investors.kimcorealty.com
Company Research Source: The Motley Fool
Reuben Gregg Brewer(TMFReubenGBrewer)Author BioReuben Gregg Brewer believes dividends are a window into a company's soul. He tries to invest in good souls.What happenedShares ofreal estate investment trustKimco RealtyNYSE:KIMSo whatRoughly 7% of the rentable square feet in Kimco's centers is leased out to large tenants that are, for the most part, essential businesses (think grocery stores and the like). That's the good news. The bad news is that these tenants only account for around 60% of the REIT's rent roll. The rest of the top line is tied to mid-size and smaller shops, where the mix leans toward non-essential. For example, around 0% of rent comes from either local shops or small national chains, including a lot of restaurants. In other words, Kimco's rent roll could be materially impacted byCOVID-9Image source: Getty Images.Management isn't sitting around hoping for the best, it has stepped up its efforts to ensure both its own viability and the viability of its most impacted te Show less Read more
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