GURUFOCUS.COM » STOCK LIST » USA » NYSE » Tanger Factory Outlet Centers Inc (NYSE:SKT) » Definitions » 3-Year Dividend Growth Rate
Switch to:

Tanger Factory Outlet Centers 3-Year Dividend Growth Rate

: -19.90% (As of Jun. 2022)
View and export this data going back to 1993. Start your Free Trial

Tanger Factory Outlet Centers's Dividends per Share for the three months ended in Jun. 2022 was $0.20.

The historical rank and industry rank for Tanger Factory Outlet Centers's 3-Year Dividend Growth Rate or its related term are showing as below:

SKT' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -19.9   Med: 4.15   Max: 56.7
Current: -19.9

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tanger Factory Outlet Centers was 56.70% per year. The lowest was -19.90% per year. And the median was 4.15% per year.

SKT's 3-Year Dividend Growth Rate is ranked worse than
75.72% of 556 companies
in the REITs industry
Industry Median: -1.65 vs SKT: -19.90

During the past 12 months, Tanger Factory Outlet Centers's average Dividends Per Share Growth Rate was 109.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -19.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -12.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Tanger Factory Outlet Centers's Dividend Payout Ratio for the three months ended in Jun. 2022 was 1.05. As of today, Tanger Factory Outlet Centers's Dividend Yield % is 4.43%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Tanger Factory Outlet Centers Inc is 1.86, which seems too high.

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


Competitive Comparison

For the REIT - Retail subindustry, Tanger Factory Outlet Centers's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 Factory Outlet Centers 3-Year Dividend Growth Rate Distribution

For the REITs industry and Real Estate sector, Tanger Factory Outlet Centers's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Tanger Factory Outlet Centers's 3-Year Dividend Growth Rate falls into.



Tanger Factory Outlet Centers 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Tanger Factory Outlet Centers  (NYSE:SKT) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Tanger Factory Outlet Centers's Dividend Payout Ratio for the quarter that ended in Jun. 2022 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2022 )/ EPS without NRI (Q: Jun. 2022 )
=0.2/ 0.19
=1.05

During the past 13 years, the highest Dividend Payout Ratio of Tanger Factory Outlet Centers was 8.94. The lowest was 0.50. And the median was 1.46.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Tanger Factory Outlet Centers Inc is 1.86, which seems too high.

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

Tanger Factory Outlet Centers Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2002022-07-282022-07-292022-08-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2002022-04-282022-04-292022-05-13Cash DividendquarterlyUSD:USD 1.000000
USD 0.1832022-01-282022-01-312022-02-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1832021-10-282021-10-292021-11-15Cash 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 Factory Outlet Centers's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.766/17.35
=4.41 %

Current Share Price is $17.35.
Tanger Factory Outlet Centers's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.766.

During the past 13 years, the highest Dividend Yield of Tanger Factory Outlet Centers was 33.33%. The lowest was 1.84%. And the median was 3.28%.

* 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 Factory Outlet Centers 3-Year Dividend Growth Rate Related Terms>


Tanger Factory Outlet Centers Business Description

Tanger Factory Outlet Centers logo
Traded in Other Exchanges
Address
3200 Northline Avenue, Suite 360, Greensboro, NC, USA, 27408
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. The company operates approximately 30 outlet centers, with a total gross leasable area of approximately 11.5 million square feet, which holds over 2,200 stores with hundreds of store brands. Substantially most of the firm's revenue is derived from rental income from real property. Geographically, the activities are carried out through the United States.
Executives
Stein Justin C officer: EVP, Leasing 3200 NORTHLINE AVE. SUITE 360 GREENSBORO NC 27408
Wingrove Andrew R officer: EVP, Chief Commercial Officer 3200 NORTHLINE AVE., SUITE 360 GREENSBORO NC 27408
Mathrani Sandeep director
Swanson Gallardo Leslie officer: Executive VP Operations 3200 NORTHLINE AVE. SUITE 360 GREENSBORO NC 27408
Yalof Stephen officer: President & COO 3200 NORTHLINE AVE., SUITE 360 GREENSBORO NC 27408
Ubinas Luis A director 209 REDWOOD SHORES PARKWAY REDWOOD CITY CA 94065-1175
Skerritt Susan E director 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
Henry David director 3333 NEW HYDE PARK ROAD NEW HYDE PARK NY 11042
Citrin Jeffrey B director 950 THIRD AVENUE 17TH FLOOR NEW YORK NY 10022
Worsham Charles Allen officer: SVP,Construction & Development 3200 NORTHLINE AVENUE, SUITE 360 GREENSBORO NC 27408
Perry Chad officer: EVP,General Counsel,Secretary C/O TANGER FACTORY OUTLET CENTERS, INC. 3200 NORTHLINE AVENUE, SUITE 360 GREENSBORO NC 27408
Mcdonough Thomas E. officer: EVP, Chief Operating Officer 1600 NE MIAMI GARDENS DRIVE NORTH MIAMI BEACH FL 33179
Jessup Manuel O officer: Senior VP - Human Resources 11215 METRO PARKWAY FORT MYERS FL 33966
Reddin Thomas director 11115 RUSHMORE DR CHARLOTTE NC 28277

Tanger Factory Outlet Centers Headlines

Other Sources

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)