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SKT / Tanger Factory Outlet raises dividend to boost implied yield above 5%

Tanger Factory Outlet Centers Inc. SKT, +0.46% said Tuesday that it will raise its quarterly dividend by 11.4%, to 24.5 cents a share from 22 cents. The new dividend will be payable on May 15 to shareholders of record on April 28. Read More

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Tanger

Factory

Outlet

Raises

Dividend

Boost

Implied

Yield

Stock

SKT

Posted: Apr 11 2023, 09:10

Author Name: Market Watch

SKT News

By The Motley Fool
October 15, 2023

This Dividend Champ Just Boosted Its Payout

Tanger has bumped up its dividend for the fifth time since early 2021. The dividend increase was driven by rising profits as occupancy improved and re

By Seeking Alpha
September 26, 2023

Tanger Factory: A Quality 'Buy' At The Right Price

Tanger Factory focuses on open-air outlet centers in tourist-heavy locations with well-known brand tenants. It's expanding into home furnishings and i

By The Motley Fool
August 20, 2023

This Stock Is Up 32%, But You Can Still Expect More Gains

Tanger's post-pandemic appeal endures for shoppers and retailers. Solid financials and growth underpin a recovering dividend.

By Yahoo Finance
August 19, 2023

Tanger CEO: Outlet stores provide an 'entry level price point' that's affordable

Tanger Factory Outlet Centers has grown its occupancy to 97.2 percent as of June, with even more shoppers expected to hit the outlets this month for b

By The Motley Fool
August 13, 2023

Here's How Tanger Factory Outlet Centers Can Afford Its 3.9% Dividend Yield

Occupancy is back to pre-pandemic levels. The dividend is well covered.

By The Motley Fool
August 6, 2023

This High-Yield Dividend Stock Just Crushed Earnings

Outlet center operator Tanger Outlets' occupancy rate is now back to pre-pandemic levels. Revenue and funds from operations are trending upward.

By Zacks Investment Research
August 3, 2023

Tanger Factory Outlet (SKT) Tops Q2 FFO and Revenue Estimates

Tanger Factory Outlet (SKT) came out with quarterly funds from operations (FFO) of $0.47 per share, beating the Zacks Consensus Estimate of $0.45 per

By Seeking Alpha
July 19, 2023

Tanger Factory Outlet: A Strong Comeback Sets Pace For Future Growth

Tanger Factory Outlet Centers has seen a share price gain of 56.21% over the last year, outperforming the S&P 500, and is a solid dividend payer. The

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