Should You Be Holding Tanger Factory Outlet Centers, Inc. (NYSE:SKT)?

As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health to their future outlook. In the case of Tanger Factory Outlet Centers, Inc. (NYSE:SKT), it is a company with a a great history of dividend payments as well as an optimistic future outlook. Below, I’ve touched on some key aspects you should know on a high level. For those interested in understanding where the figures come from and want to see the analysis, read the full report on Tanger Factory Outlet Centers here.

6 star dividend payer with reasonable growth potential

SKT is an attractive stock for growth-seeking investors, with an expected earnings growth of 22% in the upcoming year which is expected to flow into an impressive return on equity of 24% over the next couple of years.

NYSE:SKT Past and Future Earnings, March 26th 2019
NYSE:SKT Past and Future Earnings, March 26th 2019

Income investors would also be happy to know that SKT is one of the highest dividend payers in the market, with current dividend yield standing at 6.9%. SKT has also been regularly increasing its dividend payments to shareholders over the past decade.

NYSE:SKT Historical Dividend Yield, March 26th 2019
NYSE:SKT Historical Dividend Yield, March 26th 2019

Next Steps:

For Tanger Factory Outlet Centers, I’ve compiled three essential aspects you should further research:

  1. Historical Performance: What has SKT’s returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
  2. Valuation: What is SKT worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether SKT is currently mispriced by the market.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of SKT? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.