Why Tanger (SKT) is a Top Dividend Stock for Your Portfolio

Company Overview - Tanger (SKT) is headquartered in Greensboro and operates in the Finance sector, with a year-to-date stock price change of 1.35% [3] - The company currently pays a dividend of $0.28 per share, resulting in a dividend yield of 3.18$1.10 has increased by 1.4% from the previous year, with an average annual increase of 2.01% over the last 5 years [4] - The company's payout ratio stands at 52%, indicating that it distributes 52% of its trailing 12-month earnings per share as dividends [4] Earnings Growth Expectations - For the fiscal year, Tanger expects solid earnings growth, with the Zacks Consensus Estimate for 2025 projected at $2.23 per share, reflecting a year-over-year growth rate of 4.69% [5] Investment Considerations - Tanger is viewed as a compelling investment opportunity due to its strong dividend profile, despite being in a market where high-yielding stocks may face challenges during periods of rising interest rates [7] - The stock currently holds a Zacks Rank of 3 (Hold), indicating a neutral outlook [7]