Tanger Dividends and Buybacks
Dividend criteria checks 4/6
Tanger is a dividend paying company with a current yield of 3.23% that is well covered by earnings.
Key information
3.2%
Dividend yield
-2.6%
Buyback Yield
| Total Shareholder Yield | 0.7% |
| Future Dividend Yield | 3.6% |
| Dividend Growth | 0.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.100 |
| Payout ratio | 49% |
Recent dividend and buyback updates
Recent updates
Tanger: A Fair Price For A Great Business
Nov 30Tanger Factory: 3.5% Yield, Margin Of Safety, Moderate FFO Multiple
Sep 12Tanger: Building Wealth With Consistent Returns And Growth
Aug 29Tanger: 4% Yield, Re-Tenanting Upside, Low FFO Multiple
Jun 15Tanger Factory Outlets: Still Growing While Beating 2020 Expectations
Apr 16Tanger: Sustained Growth With Desirable Locations
Mar 27Tanger: A Well-Covered 4% Dividend Plus Growth Potential
Jan 16After Fantastic Upside, Tanger Is No Longer On Sale (Rating Downgrade)
Nov 20Tanger Factory: A Quality 'Buy' At The Right Price
Sep 26Tanger Factory Outlet: Flush With Cash, 4.2% Dividend Yield, A Buy?
Jul 19Tanger Factory FFO of $0.47 beats by $0.02, revenue of $116.46M beats by $7.45M, guidance in-line
Feb 21Dividend Cut Risk For Tanger But SWAN With Simon
Jan 30Tanger Factory Outlet: 5 Reasons Why You Should Sell This REIT
Jan 16Simon Says, Sell Tanger Factory Outlets
Dec 19Tanger Factory: Secure A 4.5% Yield For Tough Times
Dec 07Stability and Growth of Payments
Fetching dividends data
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.
Dividend Yield vs Market
| Tanger Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SKT) | 3.2% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Retail REITs) | 4.8% |
| Analyst forecast (SKT) (up to 3 years) | 3.6% |
Notable Dividend: SKT's dividend (3.23%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: SKT's dividend (3.23%) is low compared to the top 25% of dividend payers in the US market (4.48%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.8%), SKT's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (53.8%), SKT's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 05:03 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tanger Inc. is covered by 21 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Floris Gerbrand van Dijkum | Boenning & Scattergood, Inc. |
| Craig Schmidt | BofA Global Research |
| Jeffrey Spector | BofA Global Research |