SKT Tanger Factory Outlet Centers dividend history, payout ratio & dates
Tanger Factory Outlet Centers's last cash dividend of $0.275 per share was issued to shareholders on record before Oct 31, 2024. The dividend payment stands at $1.09 per share annually, which equates to a dividend yield of 3.16%.
Key dates
- SKT last dividend date: Oct 31, 2024
SKT dividend stats
vs. Real Estate sector
Dividend yield
Tanger Factory Outlet Centers's dividend yield of 3.16% is higher than its peers average but lower than the Real Estate sector and the industry average. If we compare it with the Real Estate sector average of 6.31%, Tanger Factory Outlet Centers's dividend yield is 50% lower. Historically SKT's dividend yield has averaged at 5.0% in the last 5 years, which is more than the current one.
Dividend history
Tanger Factory Outlet Centers has been paying dividends for the last 30 years. According to our records SKT has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 12% for the last twelve months. However with the stock price up by 22% from a year ago, the dividend yield has decreased by 9%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Oct 31, 2024 | $0.275 | 3.27% |
| Jul 31, 2024 | $0.275 | 3.7% |
| Apr 29, 2024 | $0.275 | 3.64% |
| Jan 30, 2024 | $0.26 | 3.67% |
| Oct 30, 2023 | $0.26 | 4.51% |
| Jul 28, 2023 | $0.245 | 3.99% |
| Apr 27, 2023 | $0.245 | 4.83% |
| Jan 30, 2023 | $0.22 | 4.53% |
| Oct 28, 2022 | $0.22 | 4.48% |
| Jul 28, 2022 | $0.2 | 4.8% |
| Apr 28, 2022 | $0.2 | 4.38% |
| Jan 28, 2022 | $0.183 | 4.33% |
| Oct 28, 2021 | $0.183 | 4.23% |
| Jul 29, 2021 | $0.178 | 3.01% |
| Apr 29, 2021 | $0.178 | 1.97% |
| Jan 28, 2021 | $0.178 | 3.3% |
| Apr 29, 2020 | $0.358 | 18.35% |
| Jan 30, 2020 | $0.355 | 9.29% |
| Oct 30, 2019 | $0.355 | 8.62% |
| Jul 30, 2019 | $0.355 | 8.63% |
| Apr 29, 2019 | $0.355 | 7.62% |
| Jan 30, 2019 | $0.35 | 6.12% |
| Oct 30, 2018 | $0.35 | 6.06% |
| Jul 30, 2018 | $0.35 | 5.86% |
| Apr 27, 2018 | $0.35 | 6.22% |
| Jan 30, 2018 | $0.343 | 5.53% |
| Oct 30, 2017 | $0.343 | 5.83% |
| Jul 27, 2017 | $0.343 | 4.82% |
| Apr 26, 2017 | $0.343 | 4.19% |
| Jan 27, 2017 | $0.325 | 3.89% |
| Oct 27, 2016 | $0.325 | 4.29% |
| Jul 27, 2016 | $0.325 | 3.5% |
| Apr 27, 2016 | $0.325 | 3.87% |
| Jan 27, 2016 | $0.285 | 4.28% |
| Dec 29, 2015 | $0.21 | 3.9% |
| Oct 28, 2015 | $0.285 | 3.06% |
| Jul 28, 2015 | $0.285 | 3.27% |
| Apr 28, 2015 | $0.285 | 2.96% |
| Jan 28, 2015 | $0.24 | 2.41% |
Tanger Factory Outlet Centers dividend payout ratio
Payout ratio
Tanger Factory Outlet Centers's payout ratio of 121.9% is above its peers average but below the Real Estate sector and the industry average. But compared to its Real Estate sector average of 126.2%, Tanger Factory Outlet Centers's payout ratio is only 3.4% lower.
Total amount of dividends paid per financial year (from cash flow)
SKT dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CRI Carters Inc | 5.75% | $3.2 | 50.8% |
| SKT Tanger Factory Outlet Centers Inc | 3.16% | $1.09 | 121.9% |
| GAP Gap, Inc. | 2.49% | $0.6 | 27.3% |
| VFC V F Corp | 1.62% | $0.36 | N/A |
| RL Ralph Lauren Corp | 1.37% | $3.15 | 29.4% |
| PVH Pvh Corp | 0.14% | $0.15 | 1.2% |
| HBI Hanesbrands Inc | N/A | N/A | N/A |
Frequently asked questions
Does Tanger Factory Outlet Centers pay a dividend?
Yes, Tanger Factory Outlet Centers has been paying dividends for the last 30 years.
When was SKT's last dividend?
Tanger Factory Outlet Centers's last regular dividend was on Oct 31, 2024 (ex-date) with the amount of $0.275 per share.
How much dividend does Tanger Factory Outlet Centers pay (per share)?
SKT has paid dividend of $1.09 per share in the last year.
What is Tanger Factory Outlet Centers's dividend yield?
Tanger Factory Outlet Centers's current dividend yield is 3.16%.
How often does Tanger Factory Outlet Centers pay dividends?
Tanger Factory Outlet Centers pays dividends quarterly.
What is Tanger Factory Outlet Centers's dividend payout ratio?
The dividend payout ratio of Tanger Factory Outlet Centers is 121.9%.
Does Tanger Factory Outlet Centers pay a good dividend?
Tanger Factory Outlet Centers's dividend yield is less than the Real Estate sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.