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Tanger (Tanger) Dividend Yield %

: 3.64% (As of Today)
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As of today (2024-04-23), the Trailing Annual Dividend Yield of Tanger is 3.64%.

The historical rank and industry rank for Tanger's Dividend Yield % or its related term are showing as below:

SKT' s Dividend Yield % Range Over the Past 10 Years
Min: 1.86   Med: 3.93   Max: 33.33
Current: 3.64

During the past 13 years, the highest Dividend Yield of Tanger was 33.33%. The lowest was 1.86%. And the median was 3.93%.

SKT's Dividend Yield % is ranked worse than
87.02% of 840 companies
in the REITs industry
Industry Median: 7.145 vs SKT: 3.64

Tanger's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.18.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Tanger Inc is 1.04, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Tanger was 2.37. The lowest was 0.64. And the median was 1.33.

As of today (2024-04-23), the Forward Dividend Yield % of Tanger is 3.97%.

Tanger's Dividends per Share for the three months ended in Dec. 2023 was $0.26.

During the past 12 months, Tanger's average Dividends Per Share Growth Rate was 20.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -9.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -2.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tanger was 56.60% per year. The lowest was -19.90% per year. And the median was 4.15% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Tanger Dividend Yield % Historical Data

The historical data trend for Tanger's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tanger Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.61 7.15 3.71 4.45 3.50

Tanger Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.45 4.28 4.01 4.12 3.50

Competitive Comparison

For the REIT - Retail subindustry, Tanger's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tanger Dividend Yield % Distribution

For the REITs industry and Real Estate sector, Tanger's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Tanger's Dividend Yield % falls into.



Tanger Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Tanger Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2602024-01-302024-01-312024-02-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2602023-10-302023-10-312023-11-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2452023-07-282023-07-312023-08-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2452023-04-272023-04-282023-05-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Tanger's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.01/27.72
=3.64 %

Current Share Price is $27.72.
Tanger's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.01.

Tanger's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.04/27.72
=3.75 %

Current Share Price is $27.72.
Tanger's Dividends per Share for the forward twelve months is calculated as $0.26 * 4 = $1.04.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tanger  (NYSE:SKT) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Tanger Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Tanger's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Tanger (Tanger) Business Description

Traded in Other Exchanges
Address
3200 Northline Avenue, Suite 360, Greensboro, NC, USA, 27408
Tanger Inc Formerly Tanger Factory Outlet Centers Inc is the owner and operator of outlet centers in the United States and Canada. It is a fully-integrated, self-administered and self-managed REIT, which focuses on developing, acquiring, owning, operating and managing outlet shopping centers. Substantially majority of the firm's revenue is derived from rental income from real property. Geographically, the activities are carried out through the United States.
Executives
Steven B Tanger director, officer: President,
Jessica K Norman officer: EVP, General Counsel,Secretary 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
Susan E Skerritt director 3200 NORTHLINE AVE, SUITE 360, GREENSBORO NC 27408
Thomas Reddin director 11115 RUSHMORE DR, CHARLOTTE NC 28277
Michael J Bilerman officer: See Remarks 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Guerrieri Thomas Joseph Jr officer: VP, CAO and Controller 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Justin C Stein officer: EVP, Leasing 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Andrew R Wingrove officer: EVP, Chief Commercial Officer 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Carrie A Warren officer: Senior V.P. of Marketing 5900 HENSON FARM RD, SUMMERFIELD NC 27358
Chad Perry officer: EVP,General Counsel,Secretary C/O TANGER FACTORY OUTLET CENTERS, INC., 3200 NORTHLINE AVENUE, SUITE 360, GREENSBORO NC 27408
Sandeep Mathrani director
Gallardo Leslie Swanson officer: Executive VP Operations 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
James Floyd Williams officer: Vice President & Controller 3204 COTTINGHAM COURT, GREENSBORO NC 27410
Stephen Yalof officer: President & COO 3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Charles Allen Worsham officer: SVP,Construction & Development 3200 NORTHLINE AVENUE, SUITE 360, GREENSBORO NC 27408