Tanger Factory Outlet Centers, Inc.

NYSE:SKT Stock Report

Mkt Cap: US$2.1b

Tanger Factory Outlet Centers Dividend

Dividend criteria checks 5/6

Tanger Factory Outlet Centers, Inc. is a dividend paying company with a current yield of 4.5% that is well covered by earnings.

Key information

4.5%

Dividend yield

40%

Payout ratio

Industry average yield3.6%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareUS$0.88
Earnings per shareUS$0.73
Dividend yield forecast in 3Y4.9%

Recent dividend updates

Recent updates

Dividend Cut Risk For Tanger But SWAN With Simon

Jan 30

Tanger Factory Outlet: 5 Reasons Why You Should Sell This REIT

Jan 16

Simon Says, Sell Tanger Factory Outlets

Dec 19

Tanger Factory: Secure A 4.5% Yield For Tough Times

Dec 07

Tanger increases loan capacity by $25M, extends maturity

Oct 17

Tanger Factory hikes dividend by 10% to $0.22

Oct 11

Tanger Factory Outlet appoints Michael Bilerman as CFO, chief investment officer

Sep 19

Tanger Factory Outlet narrows year core FFO guidance after Q2 revenue beat

Aug 08

It's Tanger Time

Aug 02

Buy Tanger Factory Outlet's Solid 5.5% Yield

Jul 11

Tanger Factory Outlet: Continued Upside Exists Despite Its Meteoric Rise

Jul 01

Tanger Factory: This 4.6% Yielding Trust Has Huge Potential

Apr 19

Tanger Factory Outlet: Shop Until You Drop

Mar 23

Tanger Factory Outlet Centers: A Diving 'SWAN' Comes Up For Air

Jan 10

New Forecasts: Here's What Analysts Think The Future Holds For Tanger Factory Outlet Centers, Inc. (NYSE:SKT)

Nov 30
New Forecasts: Here's What Analysts Think The Future Holds For Tanger Factory Outlet Centers, Inc. (NYSE:SKT)

A Shocking Tanger Factory Outlet Centers Recovery

Nov 07

Tanger: No Time To Build-A-Bear Case

Oct 15

Tanger: A Gamble On The Recovery

Aug 05

Tanger Factory Outlet Centers: Keep Chasing

Jun 28

Tanger: Why The Stock Is A Strong Sell

May 06

Tanger Factory Q1 Earnings Preview

May 04

How Much Are Tanger Factory Outlet Centers, Inc. (NYSE:SKT) Insiders Taking Off The Table?

Feb 26
How Much Are Tanger Factory Outlet Centers, Inc. (NYSE:SKT) Insiders Taking Off The Table?

Tanger Factory Outlet Centers: I'm Out At 17% Profit

Feb 01

Tanger Factory Outlet reinstates cash dividend

Jan 14

Tanger's 2H20 liquidity and collections strong

Jan 11

Revisiting Tanger Factory Outlet Centers With Equity No Longer Distressed

Jan 07

Tanger Outlets: Cash Flow Is King

Jan 05

How Much Did Tanger Factory Outlet Centers'(NYSE:SKT) Shareholders Earn From Share Price Movements Over The Last Five Years?

Jan 04
How Much Did Tanger Factory Outlet Centers'(NYSE:SKT) Shareholders Earn From Share Price Movements Over The Last Five Years?

Tanger Outlets: No Light At The End Of The Tunnel

Dec 24

Dividend Yield vs Market

Tanger Factory Outlet Centers Dividend Yield vs Market
How does SKT dividend yield compare to the market?
SegmentDividend Yield
Company (SKT)4.5%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.2%
Industry Average (REITs)3.6%
Analyst forecast in 3 Years (SKT)4.9%

Notable Dividend: SKT's dividend (4.52%) is higher than the bottom 25% of dividend payers in the US market (1.47%).

High Dividend: SKT's dividend (4.52%) is in the top 25% of dividend payers in the US market (4.18%)


Stability and Growth of Payments

How stable has Tanger Factory Outlet Centers's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/31/202412
12/31/20230.922
2/4/20230.884.52
1/20/20230.884.64
10/12/20220.884.82
7/16/20220.85.15
4/12/20220.84.96
1/13/20220.734.28
9/16/20210.733.91
7/12/20210.714.12
1/14/20210.714.32
11/9/2020-0
11/5/2020-0
8/10/2020-0
8/5/2020-0
1/27/2020-0
1/9/20201.429
10/10/20191.429.07
7/11/20191.429.22
5/7/20191.428.38
5/6/20191.427.54
2/21/20191.427.07
2/13/20191.426.54
1/10/20191.46.26
10/11/20181.46.26
7/12/20181.46
4/12/20181.46.34
1/11/20181.375.95
10/5/20171.375.53
7/6/20171.375.44
4/6/20171.374.92
1/6/20171.33.87
10/6/20161.33.69
7/8/20161.33.24
4/7/20161.33.55
12/10/20151.143.45
10/8/20151.143.33
7/9/20151.143.49
5/6/20151.143.42
4/28/20151.143.37
1/8/20150.962.63
10/9/20140.962.66
7/10/20140.962.79
4/10/20140.962.7
1/9/20140.92.63
10/10/20130.92.71
7/11/20130.92.76
4/4/20130.92.52
1/3/20130.842.37
10/4/20120.842.58
7/5/20120.842.56
4/5/20120.842.7

Stable Dividend: SKT's dividend payments have been volatile in the past 10 years.

Growing Dividend: SKT's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (40.2%), SKT's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (50.7%), SKT's dividend payments are covered by cash flows.


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