SKT Tanger Factory Outlet Centers dividend history, payout ratio & dates

Last dividend date: Apr 30, 2025

Dividend yield: 3.66%

Payout ratio: 130%

Tanger Factory Outlet Centers's last cash dividend of $0.293 per share was issued to shareholders on record before Apr 30, 2025. The dividend payment stands at $1.12 per share annually, which equates to a dividend yield of 3.67%. The latest SKT dividend of $0.293 is an increase from the previous $0.275 payout, representing a growth of 6%.

Tanger Factory Outlet Centers's dividend yield of 3.67% 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 6.75%, Tanger Factory Outlet Centers's dividend yield is 46% lower. Historically SKT's dividend yield has averaged at 3.9% in the last 5 years, which is more than the current one.

Tanger Factory Outlet Centers has been paying dividends for the last 31 years. According to our records SKT has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 8% for the last twelve months. However with the stock price up by 15% from a year ago, the dividend yield has decreased by 6%.

Tanger Factory Outlet Centers Dividend history chart

Payout ratio

Tanger Factory Outlet Centers's payout ratio of 130% is above its peers average but below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 162.8%, Tanger Factory Outlet Centers's payout ratio is 20% lower.

Total amount of dividends paid per financial year (from cash flow)