*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.
Latest News Headlines
14 Sep 2020 17:57:10 -0400 - Tanger Factory Outlet Centers, Inc. Press Release: Tanger Provides Liquidity And Operational Updates
10 Sep 2020 13:13:40 -0400 - Tanger Factory Outlet Centers, Inc. Press Release: Tanger Outlets will begin the 2020 Holiday Season Early & Joins Retailers in Closing on Thanksgiving Day
8 Sep 2020 15:05:29 -0400 - Tanger Factory Outlet Centers, Inc. Press Release: Tanger Outlets and HeadCount Partner to Boost Voter Registration Ahead of 2020 Election
2 Sep 2020 13:13:22 -0400 - Tanger Factory Outlet Centers, Inc. Press Release: Tanger Outlets and HeadCount Partner to Boost Voter Registration Ahead of 2020 Election
5 Aug 2020 18:17:42 -0400 - Tanger Factory Outlet Centers, Inc. Press Release: Tanger Reports Second Quarter Results & Provides COVID-19 Update
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Tanger Outlets (#SKT) had mixed results, in my opinion, when comparing your results. Occupancy was down a bit from 96.4 to 95.9%. Blended average rental rates increased 2.5% on a straight-line basis and decreased 2.0% on a cash basis for all renewals and re-tenanted leases that commenced during the trailing twelve months ended September 30, 2019. Same center net operating income ("Same Center NOI") for the consolidated portfolio decreased 1.8% for the quarter and 0.8% year to date due primarily to the impact of tenant bankruptcies, lease modifications, and store closures. The average tenant sales productivity for the consolidated portfolio was $395 per square foot for the twelve months ended September 30, 2019, compared to $383 per square foot in the comparable prior-year period. Funds from operations ("FFO") and adjusted funds from operations ("AFFO") available to common shareholders were both $0.58 per share, or $56.8 million, compared to $0.63 per share, or $61.9 million, for the prior-year period. - LLNN - 2019-11-10 08:59:55 - See full comment
Tanger Factory Outlet #SKT is just not worth the risk for me. The stock has been on the decline for a while, regardless of the recent bump, why would I want to lose my principal on a stock the market doesn’t have confidence in the coming years? Tanger is paying more than 8% in dividends, but if I want high dividend yield from this stock I can just wait for the price to continue to drop and eventually get 12% or more, but still not worth that risk for me. - Oppa Norm - 2019-10-18 22:58:54 - See full comment
Taubman Centers is a part of the S&P400 MidCap Index, and the company also states to have a portfolio of malls that is the most productive in the U.S. publicly held mall sector, which is an awesome claim. Which #TCO supports by showing that it has the highest portfolio sales per square foot. In March 31, 2019, TCO $919 Sales/SqF compared to #MAC at $746Sales/SqF, #SPG $660 Sales/SqF, #PEI $499 Sales/SqF, #WPG $399 Sales/SqF, #SKT $398 Sales/SqF, CBL $377 Sales/SqF. Also, impressively comparable is what TCO can charge for rent per square foot compared to its comparable Mall REITs. In March 31, 2019, TCO $62.16 Avg. Rent/SqF. compared to MAC at $60.74 Avg. Rent/SqF., SPG $54.34 Avg. Rent/SqF., CBL $32.45 Avg. Rent/SqF., and WPG $28.98 Avg. Rent/SqF. Taubman also has malls in China, and South Korea, not only the USA, which may help to slow down any impacts in malls falling out of preference in the US market. - LLNN - 2019-08-11 22:24:10 - See full comment
Below are the most recent cash dividends paid by SKT. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.
Tanger Factory Outlet Centers, Inc. (NYSE:SKT), is a publicly-traded REIT headquartered in Greensboro, North Carolina that presently operates and owns, or has an ownership interest in, a portfolio of 43 upscale outlet shopping centers and one additional center currently under construction. Tanger's operating properties are located in 22 states coast to coast and in Canada, totaling approximately 14.9 million square feet, leased to over 3,100 stores which are operated by more than 500 different brand name companies. The Company has more than 36 years of experience in the outlet industry. Tanger Outlet Centers continue to attract more than 188 million shoppers annually.
Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years.
Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment.
Dividend to AFFO Payout Ratio Trend: Analysis of the REIT’s Dividend to AFFO Payout Ratios trend during the last two years.
AFFO & Efficiency Section
AFFO to Revenue Health: Analysis of the REIT's Adjusted Funds From Operation to its Revenues.
Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues.
Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue.
Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter.
Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years.
Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market.
Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years.
Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets.
Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years.
Asset & Revenue Section
Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years.
Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years.
Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters.
Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years.
Portfolio of Properties: Analysis of the REIT's property's strength, size, and geographic distribution.
Tenants: Analysis of the REIT's tenant diversification, operation type, and exposure to risk.
Market Cap Section
Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes.
Overall REITRating™ Score
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.