Kimco Realty Class I Cumulative Redeemable Preferred Stock Goes Ex-Dividend Soon

On 9/30/13, Kimco Realty Corp.'s 6.00% Class I Cumulative Redeemable Preferred Stock (NYSE: KIM.PRI) will trade ex-dividend, for its quarterly dividend of $0.375, payable on 10/15/13. As a percentage of KIM.PRI's recent share price of $22.37, this dividend works out to approximately 1.68%, so look for shares of KIM.PRI to trade 1.68% lower -- all else being equal -- when KIM.PRI shares open for trading on 9/30/13. On an annualized basis, the current yield is approximately 6.76%, which compares t...