Tanger Dividends and Buybacks
Dividend criteria checks 4/6
Tanger is a dividend paying company with a current yield of 3.01% that is well covered by earnings.
Key information
3.0%
Dividend yield
-2.4%
Buyback Yield
| Total Shareholder Yield | 0.6% |
| Future Dividend Yield | 3.4% |
| Dividend Growth | 0.7% |
| 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 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 07Tanger increases loan capacity by $25M, extends maturity
Oct 17Stability 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) | 3.0% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Retail REITs) | 4.6% |
| Analyst forecast (SKT) (up to 3 years) | 3.4% |
Notable Dividend: SKT's dividend (3.01%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: SKT's dividend (3.01%) is low compared to the top 25% of dividend payers in the US market (4.21%).
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.