Kimco Realty Corporation Announces Corrected 2015 Dividend Tax Treatment for Series H Preferred Stock

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NEW HYDE PARK, N.Y.--(BUSINESS WIRE)--

Kimco Realty Corp. KIM announced on January 20, 2016 the allocations of the company's 2015 dividend distributions on its common stock and preferred stock. The January 20th release omitted the additional distribution per share for the Series H Preferred Stock (CUSIP# 49446R-82-8) of $0.191667 due to the company's redemption of the Series H Preferred on November 25, 2015. The corrected allocation, which will be reported on Form 1099-DIV, reads as follows:

Preferred Series H (CUSIP # 49446R-82-8)        
                                 
Ex-         Ordinary Income     Capital Gains
Dividend Record Payable Distribution Non- Unrecapt'd
Date   Date   Date   per Share   Total   Qualified   Qualified   Total   Sec 1250
12/30/2014 1/2/2015 1/15/2015 $0.431250 $0.000000 $0.000000 $0.000000 $0.431250

$0.114087

3/31/2015 4/2/2015 4/15/2015 $0.431250 $0.000000 $0.000000 $0.000000 $0.431250 $0.114087
6/30/2015 7/2/2015 7/15/2015 $0.431250 $0.000000 $0.000000 $0.000000 $0.431250 $0.114087
9/30/2015 10/2/2015 10/15/2015 $0.431250 $0.000000 $0.000000 $0.000000 $0.431250 $0.114087
Redemption Date   11/25/2015   $0.191667   $0.000000   $0.000000   $0.000000   $0.191667   $0.050706
Totals $1.916667 $0.000000 $0.000000 $0.000000 $1.916667 $0.507054
            100%       0.000%   0.000%   100.000%    
 

A corrected version of the January 20th release has been posted to the company's web site. All other allocations of the company's 2015 dividend distributions, including those for its common stock and preferred stock were correct.

ABOUT KIMCO

Kimco Realty Corp. KIM is a real estate investment trust (REIT) headquartered in New Hyde Park, N.Y., that is North America's largest publicly-traded owner and operator of open-air shopping centers. As of December 31, 2015, the company owned interests in 564 U.S. shopping centers comprising 90 million square feet of leasable space across 38 states and Puerto Rico. Publicly traded on the NYSE since 1991, and included in the S&P 500 Index, the company has specialized in shopping center acquisitions, development and management for more than 50 years. For further information, please visit www.kimcorealty.com, the company's blog at blog.kimcorealty.com, or follow Kimco on Twitter at www.twitter.com/kimcorealty.

Kimco Realty Corp.
David F. Bujnicki, 1-866-831-4297
Vice President, Investor Relations and Corporate Communications
dbujnicki@kimcorealty.com

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