These Were Last Week’s 10 Worst Dividend Stocks

5. Kite Realty Group Trust (NYSE:KRG)

Dividend yield: 4.83%

Dividend payout ratio: 49%

Ex-Dividend Date: April 9, 2025

Number of Hedge Funds: 24

Kite Realty Group Trust (NYSE:KRG) saw a 3.87% decline in its stock value, in the last week between February 10 and February 14, 2025.

The real estate investment trust, engaged in the business of owning and managing open-air shopping centers and mixed-use properties, faced the week’s decline after its 2024 fourth-quarter earnings calls, where it was reported that the recent bankruptcies are expected to make an impact on the Adjusted Fund from Operations (AFFO) and the growth of its cash flow. Additionally, the gap between leased and occupied rates is high. This causes a delay in wholly occupying the leased properties, affecting the company’s aim to achieve a net operating income of $27 million. It led to downward company valuation adjustments during the last week.

Kite Realty Group Trust (NYSE:KRG) offers a dividend yield of 4.83%. However, the company’s payout ratio stands at 3,800%, making it one of the largest on our list. This means that the company is paying $38 in dividends for every dollar of profit it earns. The approach is risky because it drains resources and increases liabilities for the company. Twenty-four hedge funds in our database showed interest in the stocks at the end of Q3 2024. To be eligible for the next dividend, an investor must purchase the stock before April 9, 2025.