secwatch.observer — SEC 8-K summary
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Issuer:     KIMCO REALTY CORP (KIM)
CIK:        0000879101
Form:       8-K
Filed at:   2022-07-28T23:59:59+00:00
Accession:  0001157523-22-000943
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kimco Realty Q2 FFO $0.40 (+17.6% YoY); raises common dividend 29.4% YoY
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- Net loss available to common shareholders of $0.21/diluted share vs $0.25 income in Q2 2021, primarily due to $285.8M mark-to-market reduction on ACI stock.
- FFO of $0.40/diluted share compared to $0.34 in Q2 2021; guidance raised to $1.54-$1.57 FFO per share for full year 2022.
- Pro-rata portfolio occupancy at 95.1%, up 120 bps YoY; small shop occupancy up 370 bps YoY to 89.2%.
- Blended pro-rata leasing spreads of 7.1%; new leases up 16.6%, renewals/options up 5.6%.
- Quarterly common dividend raised 10% sequentially to $0.22/share, payable Sept 23, 2022 to holders of record Sept 9; 29.4% over prior year quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/879101/000115752322000943/0001157523-22-000943-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/879101/000115752322000943/a52793951.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-000943

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