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Here's How Kimco Realty Can Afford Its 4.5% Dividend Yield

TheMotleyFool

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Here's How Kimco Realty Can Afford Its 4.5% Dividend Yield: https://g.foolcdn.com/editorial/images/743792/strip-mall.jpg

Over the past year, cracks have emerged in the commercial real estate market, particularly in the office and retail sectors. The problems in the office sector are well-known and driven by the transition to the work-from-home model. Retail is becoming an issue; however, not all retail is equal. Location and type of property matter.

Kimco Realty (NYSE: KIM) is one of the premier retail REITs with a dividend yield of 4.5%. Is this sustainable?

Image source: Getty Images.

Source Fool.com

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