secwatch.observer — SEC 8-K summary
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Issuer:     KIMCO REALTY CORP (KIM)
CIK:        0000879101
Form:       8-K
Filed at:   2022-10-27T23:59:59+00:00
Accession:  0001157523-22-001408
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kimco Realty Q3 FFO $0.41 beats; raises FY2022 outlook; dividend to $0.23
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- Q3 2022 FFO $0.41/sh (+28.1% YoY); GAAP EPS $0.08 (incl. $532.6M MTM loss on ACI shares).
- Pro-rata occupancy 95.3% (+120bp YoY); Same-Property NOI +3.1%; new lease spreads +16.5%.
- Board raised quarterly dividend to $0.23 (+4.5% seq, +35.3% YoY); payable Dec 23, 2022.
- FY2022 FFO guidance raised to $1.57-1.59 from $1.54-1.57; net income guidance to $0.64-0.66.
- Post-Q3 sold 11.5M ACI shares for ~$301M; retains 28.3M shares; issued $650M 4.60% notes due 2033.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/879101/000115752322001408/0001157523-22-001408-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/879101/000115752322001408/a52953626.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-001408

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