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Tanger (SKT) Dividend Yield, Date & History

Tanger logo
$34.34 -0.01 (-0.03%)
(As of 12/20/2024 04:33 PM ET)

Tanger Dividend Summary

Dividend Yield
3.20%
Annual Dividend
$1.10
Recent
Dividend Payment
Nov. 15
Annualized 3-Year
Dividend Growth
10.83%
Dividend Payout Ratio
127.91%

Tanger (SKT) pays an annual dividend of $1.10 per share, with a dividend yield of 3.20%. The next quarterly payment of $0.2750 per share was paid on Friday, November 15, to investors who owned the stock before the ex-dividend date of Thursday, October 31. The company currently pays out 127.91% of its earnings and 58.59% of its cash flow as dividends.

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SKT Dividend Payments by Quarter

The chart below displays up to four years of Tanger's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

SKT Dividend Yield Over Time

The chart below tracks Tanger's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Tanger vs. The Competition

Compare Tanger's annual dividend, yield, and 3-year growth rate with averages for Finance and NYSE companies to evaluate its performance against the market.

TypeTangerFinance CompaniesNYSE Companies
Annual Dividend$1.10$0.02$1.39
Dividend Yield3.20%9.85%3.59%
Annualized 3-Year Dividend Growth10.83%12.89%15.78%

Tanger Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings127.91%
Based on This Year's Estimate52.13%
Based on Next Year's Estimate49.55%
Based on Cashflow58.59%

Tanger Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/10/2024Quarterly$0.2750 - 3.27%10/31/202410/31/202411/15/2024
7/16/2024Quarterly$0.2750 - 3.93%7/31/20247/31/20248/15/2024
4/10/2024Quarterly$0.2750+$0.0150
5.77%
4.06%4/29/20244/30/20245/15/2024
1/17/2024Quarterly$0.26 - 3.87%1/30/20241/31/20242/15/2024
10/13/2023Quarterly$0.26+$0.0150
6.12%
4.52%10/30/202310/31/202311/15/2023
7/14/2023Quarterly$0.2450 - 4.26%7/28/20237/31/20238/15/2023
4/11/2023Quarterly$0.2450+$0.0250
11.36%
5.03%4/27/20234/28/20235/15/2023
1/19/2023Quarterly$0.22 - 4.8%1/30/20231/31/20232/15/2023

This table shows Tanger's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Tanger Dividend - Frequently Asked Questions

The current dividend yield for Tanger is 3.20%. Learn more on SKT's dividend yield history.

The annual dividend for SKT shares is $1.10. Learn more on SKT's annual dividend history.

Tanger pays quarterly dividends to shareholders.

Tanger's most recent quarterly dividend payment of $0.2750 per share was made to shareholders on Friday, November 15, 2024.

Tanger's most recent ex-dividend date was Thursday, October 31, 2024.

Over the past three years, the company's dividend has grown by an average of 10.83% per year.

The most recent change in the company's dividend was an increase of $0.0150 on Wednesday, April 10, 2024.

The dividend payout ratio for SKT is:
  • 127.91% based on the trailing year of earnings
  • 52.13% based on this year's estimates
  • 49.55% based on next year's estimates
  • 58.59% based on cash flow

Tanger's dividend yield of 3.11% is lower than the average Finance company that issues a dividend. Tanger's dividend payout ratio of 127.91% may not be sustainable. However, based on earnings estimates, SKT will have a more sustainable dividend payout ratio of 49.55% next year.

Looking at the stock as a whole, market analysts rate Tanger stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:SKT) was last updated on 12/21/2024 by MarketBeat.com Staff
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