Company Overview - Tanger (SKT) is headquartered in Greensboro and operates in the Finance sector, with a year-to-date stock price change of -9.29% [3] - The company currently pays a dividend of 1.10 has increased by 1.4% from the previous year, with an average annual increase of 7.18% over the past five 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 anticipates solid earnings growth, with the Zacks Consensus Estimate for 2025 projected at $2.26 per share, reflecting a year-over-year earnings growth rate of 6.10% [5] Investment Appeal - Tanger is viewed as an attractive dividend play and a compelling investment opportunity, currently holding a Zacks Rank of 2 (Buy) [7]
Tanger (SKT) Could Be a Great Choice