Tanger Factory Outlet Centers, Inc. (NYSE: SKT) is a leading operator of open-air upscale outlet shopping centers that owns, or has an ownership interest in, a portfolio of 38 centers. Tanger's operating properties are located in 20 states and in Canada, totaling approximately 14.1 million square feet, leased to over 2,700 stores operated by more than 500 different brand name companies. The Company has more than 39 years of experience in the outlet industry and is a publicly-traded REIT. Tanger is furnishing a Form 8-K with the Securities and Exchange Commission ("SEC") that includes a supplemental information package for the quarter ended September 30, 2020.
Tanger Factory Outlet Centers Dividend Announcement
• Tanger Factory Outlet Centers announced a quarterly dividend of $0.28 per ordinary share which will be made payable on 2024-11-15. Ex dividend date: 2024-10-31
• Tanger Factory Outlet Centers annual dividend for 2024 was $1.08
• Tanger Factory Outlet Centers annual dividend for 2023 was $0.97
• Tanger Factory Outlet Centers's trailing twelve-month (TTM) dividend yield is 2.96%
• Tanger Factory Outlet Centers's payout ratio for the trailing twelve months (TTM) is 122.26%
• Tanger Factory Outlet Centers's dividend growth over the last five years (2018-2023) was -6.98% year
• Tanger Factory Outlet Centers's dividend growth over the last ten years (2013-2023) was 0.92% year
Tanger Factory Outlet Centers Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-31 | $0.28 | quarterly | 2024-11-15 |
2024-07-31 | $0.28 | quarterly | 2024-08-15 |
2024-04-29 | $0.28 | quarterly | 2024-05-15 |
2024-01-30 | $0.26 | quarterly | 2024-02-15 |
2023-10-30 | $0.26 | quarterly | 2023-11-15 |
2023-07-28 | $0.24 | quarterly | 2023-08-15 |
2023-04-27 | $0.24 | quarterly | 2023-05-15 |
2023-01-30 | $0.22 | quarterly | 2023-02-15 |
2022-10-28 | $0.22 | quarterly | 2022-11-15 |
2022-07-28 | $0.20 | quarterly | 2022-08-15 |
2022-04-28 | $0.20 | quarterly | 2022-05-13 |
2022-01-28 | $0.18 | quarterly | 2022-02-15 |
2021-10-28 | $0.18 | quarterly | 2021-11-15 |
2021-07-29 | $0.18 | quarterly | 2021-08-13 |
2021-04-29 | $0.18 | quarterly | 2021-05-14 |
2021-01-28 | $0.18 | quarterly | 2021-02-12 |
2020-04-29 | $0.36 | quarterly | 2020-05-15 |
2020-01-30 | $0.35 | quarterly | 2020-02-14 |
2019-10-30 | $0.35 | quarterly | 2019-11-15 |
2019-07-30 | $0.35 | quarterly | 2019-08-15 |
2019-04-29 | $0.35 | quarterly | 2019-05-15 |
2019-01-30 | $0.35 | quarterly | 2019-02-15 |
2018-10-30 | $0.35 | quarterly | 2018-11-15 |
2018-07-30 | $0.35 | quarterly | 2018-08-15 |
2018-04-27 | $0.35 | quarterly | 2018-05-15 |
2018-01-30 | $0.34 | quarterly | 2018-02-15 |
2017-10-30 | $0.34 | quarterly | 2017-11-15 |
2017-07-27 | $0.34 | quarterly | 2017-08-15 |
2017-04-26 | $0.34 | quarterly | 2017-05-15 |
2017-01-27 | $0.33 | quarterly | 2017-02-15 |
2016-10-27 | $0.33 | quarterly | 2016-11-15 |
2016-07-27 | $0.33 | quarterly | 2016-08-15 |
2016-04-27 | $0.33 | quarterly | 2016-05-13 |
2016-01-27 | $0.28 | quarterly | 2016-02-15 |
2015-12-29 | $0.21 | quarterly | 2016-01-15 |
2015-10-28 | $0.28 | quarterly | 2015-11-13 |
2015-07-28 | $0.28 | quarterly | 2015-08-14 |
2015-04-28 | $0.28 | quarterly | 2015-05-15 |
2015-01-28 | $0.24 | quarterly | 2015-02-13 |
2014-10-28 | $0.24 | quarterly | 2014-11-14 |
2014-07-28 | $0.24 | quarterly | 2014-08-15 |
2014-04-28 | $0.24 | quarterly | 2014-05-15 |
2014-01-28 | $0.23 | quarterly | 2014-02-14 |
2013-10-28 | $0.23 | quarterly | 2013-11-15 |
2013-07-26 | $0.23 | quarterly | 2013-08-15 |
2013-04-26 | $0.23 | quarterly | 2013-05-15 |
2013-01-28 | $0.21 | quarterly | 2013-02-15 |
Tanger Factory Outlet Centers Dividend per year
Tanger Factory Outlet Centers Dividend growth
Tanger Factory Outlet Centers Dividend Yield
Tanger Factory Outlet Centers current trailing twelve-month (TTM) dividend yield is 2.96%. Interested in purchasing Tanger Factory Outlet Centers stock? Use our calculator to estimate your expected dividend yield:
Tanger Factory Outlet Centers Financial Ratios
Tanger Factory Outlet Centers Dividend FAQ
Other factors to consider when evaluating Tanger Factory Outlet Centers as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Tanger Factory Outlet Centers's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Tanger Factory Outlet Centers publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Tanger Factory Outlet Centers distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Tanger Factory Outlet Centers are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Tanger Factory Outlet Centers sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Tanger Factory Outlet Centers distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tanger Factory Outlet Centers declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Tanger Factory Outlet Centers's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Tanger Factory Outlet Centers's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.