Tanger Dividend
Dividend criteria checks 4/6
Tanger is a dividend paying company with a current yield of 3.81% that is well covered by earnings. Next payment date is on 15th May, 2024 with an ex-dividend date of 29th April, 2024.
Key information
3.8%
Dividend yield
48%
Payout ratio
| Industry average yield | 5.3% |
| Next dividend pay date | 15 May 24 |
| Ex dividend date | 29 Apr 24 |
| Dividend per share | n/a |
| Earnings per share | US$0.90 |
| Dividend yield forecast in 3Y | 4.2% |
Recent dividend updates
Recent updates
Tanger 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 07Tanger increases loan capacity by $25M, extends maturity
Oct 17Tanger Factory hikes dividend by 10% to $0.22
Oct 11Tanger Factory Outlet appoints Michael Bilerman as CFO, chief investment officer
Sep 19Tanger Factory Outlet narrows year core FFO guidance after Q2 revenue beat
Aug 08It's Tanger Time
Aug 02Buy Tanger Factory Outlet's Solid 5.5% Yield
Jul 11Tanger Factory Outlet: Continued Upside Exists Despite Its Meteoric Rise
Jul 01Upcoming Dividend Payment
Stability 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) | 3.8% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Retail REITs) | 5.3% |
| Analyst forecast in 3 Years (SKT) | 4.2% |
Notable Dividend: SKT's dividend (3.81%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: SKT's dividend (3.81%) is low compared to the top 25% of dividend payers in the US market (4.74%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.5%), SKT's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.3%), SKT's dividend payments are covered by cash flows.