Kimco Realty Corporation Announces Quarterly Dividends on Preferred Shares

Kimco Realty Corporation (NYSE: KIM) announced today that its Board of Directors declared quarterly dividends for the company’s preferred shares.

The Series F Depositary Shares, each representing 1/10 of a Share of 6.65% Series F Cumulative Redeemable Preferred Shares, quarterly dividend of $0.415625 per preferred depositary share will be paid on January 15, 2010 to shareholders of record on January 4, 2010, representing an ex-dividend of December 30, 2009.

The Series G Depositary Shares, each representing 1/100 of a Share of 7.75% Series G Cumulative Redeemable Preferred Shares, dividend of $0.484375 per preferred depositary share will be paid on January 15, 2010 to shareholders of record on January 4, 2010, representing an ex-dividend date of December 30, 2009.

Kimco Realty Corporation, a real estate investment trust (REIT), owns and operates North America’s largest portfolio of neighborhood and community shopping centers. As of September 30, 2009, the company owned interests in 1,462 retail properties comprising 153 million square feet of leasable space across 45 states, Puerto Rico, Canada, Mexico and South America. Publicly traded on the NYSE under the symbol KIM and included in the S&P 500 Index, the company has specialized in shopping center acquisitions, development and management for 50 years. For further information, visit the company's web site at www.kimcorealty.com.