07:18 AM EDT, 10/31/2024 (MT Newswires) -- Kimco Realty ( KIM ) reported Q3 funds from operations Thursday of $0.43 per diluted share, up from $0.40 a year earlier.

Analysts polled by Capital IQ expected $0.41.

Revenue for the quarter ended Sept. 30 was $507.6 million, up from $446.1 million a year earlier.

Analysts surveyed by Capital IQ expected $498.9 million.

For full-year 2024, the company now expects funds from operations of $1.64 to $1.65 per share, compared with a previous estimate of $1.60 to $1.62. Analysts polled by Capital IQ expect $1.61.

Kimco's ( KIM ) board of directors increased the quarterly cash dividend to $0.25 per common share from $0.24, payable on Dec.19 to shareholders of record as of Dec. 5.

Price: 24.25, Change: +0.23, Percent Change: +0.96