WRI - Dividend announcements

- Solidifies Position as the Preeminent National Open-Air, Grocery-Anchored REIT - Kimco Realty Corp. (NYSE:KIM), one of North America's largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets, and Weingarten Realty Investors (NYSE:WRI), a grocery-anchored Sun Belt shopping center owner, manager and developer, today announced the completion of their previously announced merger, whereby Weingarten Realty Investors merged with and into Kimco Realty Corp., with Kimco continuing as the surviving public company. The transaction brings together two industry-leading retail real estate platforms with highly complementary portfolios, creating

Kimco Realty Corp. (NYSE:KIM), one of North America's largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets, and Weingarten Realty Investors (NYSE:WRI), a grocery-anchored Sun Belt shopping center owner, manager and developer, today announced that Kimco stockholders and Weingarten shareholders approved all of the proposals necessary for the closing of the previously announced merger of Weingarten with and into Kimco. At the special meeting of Kimco stockholders, approximately 99.9% of the votes cast were voted in favor of the merger, which represented approximately 85.3% of the outstanding shares of Kimco common stock. At the spec

Weingarten Realty (NYSE:WRI) announced today the results of its operations for the quarter ended June 30, 2021. The supplemental financial package with additional information can be found on the Company's website under the Investor Relations tab. Second Quarter Financial Highlights Net income attributable to common shareholders ("Net Income") for the second quarter was $0.10 per diluted share (hereinafter "per share") compared to $0.09 per share in the second quarter of 2020 and $0.22 per share in the first quarter of 2021; Core Funds From Operations Attributable to Common Shareholders ("Core FFO") for the quarter was $0.50 per share compared to $0.34 per share in the second quarter o

Weingarten Realty Investors (NYSE:WRI) announced today that its Board of Trust Managers declared a special cash distribution of $0.69 per common share payable on August 2, 2021 to shareholders of record on July 28, 2021. The special distribution is being paid in connection with the anticipated merger of WRI into Kimco Realty Corporation ("Kimco") and to satisfy the REIT taxable income distribution requirements. Under the terms of the merger agreement, the Company's payment of the special distribution adjusts the cash consideration to be paid by Kimco at the closing of the merger from $2.89 per share to $2.20 per share, and does not affect the payment of the share consideration of 1.408 new

– Leasing Levels Reach 2.8 Million Square Feet Signed During the Quarter – – Raises 2021 Outlook – Kimco Realty Corp. (NYSE:KIM), one of North America's largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets, today reported results for the first quarter ended March 31, 2021. For the three months ended March 31, 2021 and 2020, Kimco's net income available to the company's common shareholders was $0.30 per diluted share and $0.19 per diluted share, respectively. First Quarter Highlights: Executed 358 leases totaling 2.8 million square feet, the highest combined lease count and gross leasable area since the first quarter of 2019.

Weingarten Realty (NYSE:WRI) announced today the results of its operations for the quarter ended March 31, 2021. The supplemental financial package with additional information can be found on the Company's website under the Investor Relations tab. First Quarter Financial Highlights Net income attributable to common shareholders ("Net Income") for the first quarter was $0.22 per diluted share (hereinafter "per share") compared to $0.41 per share in the first quarter of 2020 and $0.18 per share in the fourth quarter of 2020; Core Funds From Operations Attributable to Common Shareholders ("Core FFO") for the quarter was $0.48 per share compared to $0.44 per share in the first quarter of

Creates Industry-Leading Open-Air, Grocery-Anchored Shopping Center and Mixed-Use Platform Strengthens High-Quality Portfolio in Growth Sun Belt Markets and Enhances Future Value Creation Opportunities Expected to be Immediately Accretive to Key Earnings Metrics While Deleveraging Balance Sheet With an Enterprise Value in Excess of $20 Billion, Combined Company to Benefit From Increased Scale and Diversification Kimco Realty Corp. (NYSE:KIM), one of North America's largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets, and Weingarten Realty Investors (NYSE:WRI), a grocery-anchored Sun Belt shopping center owner, manager and dev

Creates Industry-Leading Open-Air, Grocery-Anchored Shopping Center and Mixed-Use Platform Strengthens High-Quality Portfolio in Growth Sun Belt Markets and Enhances Future Value Creation Opportunities Expected to be Immediately Accretive to Key Earnings Metrics While Deleveraging Balance Sheet With an Enterprise Value in Excess of $20 Billion, Combined Company to Benefit From Increased Scale and Diversification Kimco Realty Corp. (NYSE:KIM), one of North America's largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets, and Weingarten Realty Investors (NYSE:WRI), a grocery-anchored Sun Belt shopping center owner, manager and dev

HOUSTON--(BUSINESS WIRE)--Weingarten Realty (NYSE: WRI) announced today the results of its operations for the quarter ended December 31, 2020. The supplemental financial package with additional information can be found on the Company's website under the Investor Relations tab. “We appreciate your understanding the rescheduling of our press release and conference call but the loss of electricity, water and internet connectivity from the severe cold experienced in Texas last week resulted in very difficult working conditions for our team that made this delay necessary. Our Texas properties have held up well. We had minimal power and water outages, but all of our properties are open a

HOUSTON--(BUSINESS WIRE)--Weingarten Realty Investors (NYSE: WRI) released today the Federal income tax treatment of its 2020 distributions to holders of its Common Shares of Beneficial Interest. Weingarten Realty Investors Common Shares Symbol: WRI CUSIP: 948741103 Ex-Dividend Date Record Date Payable Date Total Distribution Per Share Ordinary Dividends Total Capital Gain Distribution Unrecaptured Sec 1250 Gain (1) Return of Capital (Nontaxable Distribution) Section 199A Dividends (2) 3/5/2020 3/6/2020 3/13/2020 $0.395000 $0.315791 $0.079210 $0.039492 $0.00 $0.315791 6/5/2020 6/8/2020 6/16/2020 $0.1800

HOUSTON--(BUSINESS WIRE)--Weingarten Realty Investors (NYSE:WRI) announced transaction activity for the fourth quarter and for the full year 2020 and provided a COVID-19 update. 2020 Transaction Activity During the fourth quarter, the Company purchased 42% of Village Plaza at Bunker Hill center with proceeds from the Company’s simultaneous disposition of Overton Park Plaza in Fort Worth, Texas, which marks its exit from that market. Village Plaza at Bunker Hill, of which the Company is now the sole owner, is a 492,000 square foot center in Houston, Texas. It is anchored by a 128,000 square foot H-E-B grocer, Burlington and Academy Sports + Outdoors. This property is one of the t

HOUSTON--(BUSINESS WIRE)--Weingarten Realty Investors (NYSE:WRI) announced today that its Board of Trust Managers declared a special cash dividend of $0.36 per common share payable on December 29, 2020 to shareholders of record on December 22, 2020. This special dividend is largely a result of significant gains realized on dispositions of properties during 2020. About Weingarten Realty Investors Weingarten Realty Investors (NYSE: WRI) is a shopping center owner, manager and developer. At September 30, 2020, the Company owned or operated under long-term leases, either directly or through its interest in real estate joint ventures or partnerships, a total of 162 properties which ar