Dividend compounder review

SKT

Tanger Factory Outlet Centers Inc · NYSE · US

Real Estate · Reit - Retail

Score84.00/100
Confidence100.00/100
DecisionReject
RatingHigh Quality Watchlist Candidate
Scoring

Quality breakdown

Dividend Reliability 25.0 / 25 Payment history, cuts, growth, and regularity.
Dividend Sustainability 10.0 / 20 Payout, free cash flow, dividend cover, and debt.
Business Quality 23.5 / 25 Scale, cash generation, growth, margins, and returns.
Valuation Discipline 10.5 / 15 Yield, P/E, and price stretch versus long-term trend.
Long-Term Trend 15.0 / 15 Trend line, long return history, and drawdown control.
Metrics

Dividend and business context

Dividend Years33
Dividend Yield2.99%
Payout Ratio110.4%
Dividend Cut 5YNo
Net Income$114.8M
Free Cash Flow$295.4M
FCF Covers DividendYes
Debt / Equity2.81
P/E38.2
Revenue Growth 5Y8.3%
Net Margin20.3%
ROE19.0%
Price vs Trend17.0%
3Y Return121.2%
5Y Return163.9%
CurrencyUSD
Warnings

Review flags

Payout ratio is elevated at 110.4%.
Debt to equity is elevated at 2.81.
Dividend diary

Activity record

SKT dividend review warning Warning · Warning

Debt to equity is elevated at 2.81.

Dividend increased 6.8% Dividend Increase · Positive

Payment changed from 0.293 to 0.313.

SKT dividend payment 0.313 USD Dividend Payment · Info

Recorded dividend payment for Tanger Factory Outlet Centers Inc.

SKT dividend payment 0.293 USD Dividend Payment · Info

Recorded dividend payment for Tanger Factory Outlet Centers Inc.

SKT dividend payment 0.293 USD Dividend Payment · Info

Recorded dividend payment for Tanger Factory Outlet Centers Inc.

SKT dividend payment 0.293 USD Dividend Payment · Info

Recorded dividend payment for Tanger Factory Outlet Centers Inc.

Dividend increased 6.5% Dividend Increase · Positive

Payment changed from 0.275 to 0.293.

SKT dividend payment 0.293 USD Dividend Payment · Info

Recorded dividend payment for Tanger Factory Outlet Centers Inc.

SKT dividend payment 0.275 USD Dividend Payment · Info

Recorded dividend payment for Tanger Factory Outlet Centers Inc.

SKT dividend payment 0.275 USD Dividend Payment · Info

Recorded dividend payment for Tanger Factory Outlet Centers Inc.

SKT dividend payment 0.275 USD Dividend Payment · Info

Recorded dividend payment for Tanger Factory Outlet Centers Inc.

Dividend increased 5.8% Dividend Increase · Positive

Payment changed from 0.26 to 0.275.

SKT dividend payment 0.275 USD Dividend Payment · Info

Recorded dividend payment for Tanger Factory Outlet Centers Inc.

SKT dividend payment 0.26 USD Dividend Payment · Info

Recorded dividend payment for Tanger Factory Outlet Centers Inc.

Dividend increased 6.1% Dividend Increase · Positive

Payment changed from 0.245 to 0.26.

SKT dividend payment 0.26 USD Dividend Payment · Info

Recorded dividend payment for Tanger Factory Outlet Centers Inc.

SKT dividend payment 0.245 USD Dividend Payment · Info

Recorded dividend payment for Tanger Factory Outlet Centers Inc.

Dividend increased 11.4% Dividend Increase · Positive

Payment changed from 0.22 to 0.245.

Dividend increased 10.0% Dividend Increase · Positive

Payment changed from 0.2 to 0.22.