Tanger (SKT) Offers Attractive Dividend Yield

Factory outlet mall operator provides steady income for investors amid rising interest rates.

Apr. 17, 2026 at 1:30pm

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A dramatic close-up of the complex gears, levers, and mechanisms inside a heavy industrial banking vault, conveying the stability and security of Tanger's REIT business.Tanger's reliable dividend payouts and steady earnings growth offer a secure income stream for investors in an uncertain market.Greensboro Today

Tanger (SKT), a real estate investment trust (REIT) that operates factory outlet malls, is currently offering an attractive dividend yield of 3.47% compared to the industry average of 4.13% and the S&P 500 yield of 1.51%. The company has consistently increased its dividend over the past 5 years, with an average annual increase of 14.37%. Tanger is expected to see solid earnings growth in the current fiscal year, making it a compelling investment opportunity for income-focused investors.

Why it matters

As interest rates rise, income-oriented investors are seeking out high-yielding stocks that can provide steady cash flow. Tanger's consistent dividend growth and healthy payout ratio make it an attractive option in the current market environment, where many high-growth tech stocks have struggled.

The details

Tanger, headquartered in Greensboro, North Carolina, is a REIT that operates factory outlet malls. The company is currently paying a dividend of $0.29 per share, which translates to a yield of 3.47%. Over the past 5 years, Tanger has increased its dividend 4 times, with an average annual increase of 14.37%. The company's current payout ratio is 50%, meaning it is paying out half of its trailing 12-month earnings per share as dividends. Looking ahead, Tanger is expected to see solid earnings growth in the current fiscal year, with the Zacks Consensus Estimate for 2026 standing at $2.46 per share, representing a year-over-year increase of 5.58%.

  • Tanger has increased its dividend 4 times over the past 5 years.
  • The company's current fiscal year is 2026.

The players

Tanger

A real estate investment trust (REIT) that operates factory outlet malls, headquartered in Greensboro, North Carolina.

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The takeaway

Tanger's combination of an attractive dividend yield, consistent dividend growth, and expected earnings growth makes it a compelling investment opportunity for income-focused investors looking for stability in the current market environment.