Tanger Inc.

Tanger Inc.verified

SKT

Price:

$36.49

Market Cap:

$4.04B

Tanger Inc. (NYSE: SKT) is a leading owner and operator of outlet and open-air retail shopping destinations, with over 43 years of expertise in the retail and outlet shopping industries. Tanger's portfolio of 38 outlet centers, one adjacent managed center and one open-air lifestyle center comprises over 15 million square feet well positioned across tourist destinations and vibrant markets in 20 U.S. states and Canada. A publicly traded REIT since 1993, Tanger continues to innovate the retail experience for its shoppers with over 3,000 stores operated by more than 700 different brand name companies. [Read more]

Industry

REIT - Retail

IPO Date

1993-05-28

Stock Exchange

NYSE

Ticker

SKT

The Dividend Yield as of November 2024 (TTM) for Tanger Inc. (SKT) is 2.97%

According to Tanger Inc.’s latest financial reports and current stock price. The company's current Dividend Yield is 2.97%. This represents a change of 216.85% compared to the average of 0.94% of the last 4 quarters.

Tanger Inc. (SKT) Historical Dividend Yield (quarterly & annually)

How has SKT Dividend Yield performed in the past?

The mean historical Dividend Yield of Tanger Inc. over the last ten years is 5.11%. The current 2.97% Dividend Yield has changed -41.76% with respect to the historical average. Over the past ten years (40 quarters), SKT's Dividend Yield was at its highest in in the March 2020 quarter at 7.23%. The Dividend Yield was at its lowest in in the September 2020 quarter at 0%.

Quarterly (TTM)
Annual

Average

5.11%

Median

4.34%

Minimum

2.61%

Maximum

9.70%

Tanger Inc. (SKT) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Tanger Inc. Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 39.51%

Maximum Annual Dividend Yield = 9.70%

Minimum Annual Increase = -48.16%

Minimum Annual Dividend Yield = 2.61%

Quarterly (TTM)
Annual
YearDividend YieldChange
20233.58%-21.01%
20224.53%21.02%
20213.74%-48.16%
20207.22%-25.64%
20199.70%39.51%
20186.96%33.89%
20175.20%25.30%
20164.15%22.42%
20153.39%29.77%
20142.61%-10.59%

Tanger Inc. (SKT) Average Dividend Yield

How has SKT Dividend Yield performed in the past?

The current Dividend Yield of Tanger Inc. (SKT) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.95%

5-year avg

5.75%

10-year avg

5.11%

Tanger Inc. (SKT) Dividend Yield vs. Peers

How is SKT’s Dividend Yield compared to its peers?

Tanger Inc.’s Dividend Yield is less than Regency Centers Corporation (4.51%), less than Getty Realty Corp. (5.53%), less than SITE Centers Corp. (305.90%), less than Brixmor Property Group Inc. (3.65%), less than Simon Property Group, Inc. (4.36%), less than Kimco Realty Corporation (4.14%), less than National Retail Properties, Inc. (5.25%), greater than Urstadt Biddle Properties Inc. (0%), greater than Urstadt Biddle Properties Inc. (0%), less than Saul Centers, Inc. (5.87%), less than RPT Realty (0.42%), less than Urban Edge Properties (2.92%), less than Kite Realty Group Trust (3.69%), less than Retail Opportunity Investments Corp. (3.45%), less than InvenTrust Properties Corp. (2.91%), less than Agree Realty Corporation (3.91%), less than Realty Income Corporation (5.43%),

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