Kimco Realty (KIM-PN) reported second-quarter 2026 net income available to common shareholders of $145.8 million, or $0.22 per diluted share, compared with $155.4 million, or $0.23 per diluted share, a year earlier. Total revenues were $550.8 million, up from $525.2 million in the prior-year quarter.
The company raised its 2026 outlook for net income and FFO per diluted share. It also increased its quarterly common dividend by 12.0% to $0.28 per share and reported all-time high portfolio occupancy of 96.4%.
- FFO was $309.2 million, or $0.46 per diluted share, compared with $297.6 million, or $0.44 per diluted share, a year earlier.
- Same property NOI grew 3.5% year over year in the second quarter.
- Kimco executed 461 leases totaling 2.5 million square feet during the quarter.
- The company sold The Milton multifamily building for $142.3 million and Shoppes at Bears Path for $7.8 million.
- Kimco ended the quarter with $2.7 billion of immediate liquidity, including $700 million of cash, cash equivalents and restricted cash.
