Does Kimco have a dividend distribution policy?

Yes, Kimco Realty Corporation has a dividend distribution policy in place. As a real estate investment trust (REIT), Kimco is legally obligated to distribute at least 90% of its taxable income to shareholders in the form of dividends. Consistent with this requirement, Kimco has a long-standing track record of paying regular quarterly cash dividends to its shareholders. The specific dividend amount is determined by the company's Board of Directors and is influenced by a variety of factors, including the company's financial performance, cash flow, and growth prospects. Kimco strives to maintain a sustainable dividend distribution policy to provide consistent returns to its shareholders while also preserving capital and fueling future growth opportunities for the company.