Here's Why Kimco Realty Can Keep Raising Its Dividend
With the economy potentially headed for a recession, income investors should take a good look at their holdings, especially in the real estate investment trust (REIT) sector. REITs generally pay great yields, but they also use a lot of debt, which can lead to problems if the economy enters a downturn.
Kimco Realty (NYSE: KIM) is one of the more defensive REITs, and should be able to keep increasing its dividend even if the economy stumbles.
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Source Fool.com
