Getting Under The Hood Of The Newest Kimco Preferred

Despite being in the retail sector, Kimco was able to price their new preferred stock at 5.25%.

Summary

  • Kimco has become the most recent preferred stock issuer.
  • Despite being in the retail sector, Kimco was able to price their new preferred stock at 5.25%.
  • Our thoughts on the new issue and an update on the common.
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