Tanger Inc. to Issue Quarterly Dividend of $0.31 (NYSE:SKT)

Posted by Stanley Muller on Jul 16th, 2026

Tanger Inc. (NYSE:SKT – Get Free Report) announced a quarterly dividend on Wednesday, July 15th. Shareholders of record on Friday, July 31st will be given a dividend of 0.3125 per share by the real estate investment trust on Friday, August 14th. This represents a c) dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend is Friday, July 31st.

Tanger has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 4 years. Tanger has a payout ratio of 127.6% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Tanger to earn $2.59 per share next year, which means the company should continue to be able to cover its $1.25 annual dividend with an expected future payout ratio of 48.3%.

Tanger Stock Performance

Shares of NYSE SKT opened at $40.22 on Thursday. The stock has a fifty day moving average price of $38.00 and a two-hundred day moving average price of $35.94. The company has a debt-to-equity ratio of 2.67, a quick ratio of 3.36 and a current ratio of 3.36. The firm has a market cap of $4.62 billion, a P/E ratio of 37.59, a PEG ratio of 2.04 and a beta of 1.09. Tanger has a 1 year low of $29.24 and a 1 year high of $41.50.

Tanger (NYSE:SKT – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by ($0.04). The firm had revenue of $150.42 million for the quarter, compared to analyst estimates of $142.94 million. Tanger had a net margin of 20.76% and a return on equity of 17.53%. The firm’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.53 earnings per share. Tanger has set its FY 2026 guidance at 2.420-2.500 EPS. Research analysts forecast that Tanger will post 2.48 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

SKT has been the topic of several research reports. BMO Capital Markets boosted their price target on shares of Tanger from $40.00 to $42.00 and gave the stock a “market perform” rating in a research report on Monday, June 15th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Tanger in a research note on Monday, April 20th. Bank of America reiterated an “underperform” rating and issued a $38.00 target price on shares of Tanger in a report on Tuesday, June 16th. Scotiabank boosted their target price on shares of Tanger from $37.00 to $41.00 and gave the stock a “sector perform” rating in a report on Thursday, June 18th. Finally, UBS Group set a $41.00 target price on shares of Tanger in a research note on Thursday, June 18th. Two equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Tanger presently has a consensus rating of “Hold” and an average price target of $39.70.

Read Our Latest Stock Analysis on Tanger

About Tanger

(Get Free Report)

Tanger Factory Outlet Centers, Inc (NYSE: SKT) is a real estate investment trust specializing in the ownership, development and management of outlet shopping centers. The company’s portfolio comprises more than 40 outlet properties anchored by leading fashion and lifestyle brands. Tanger’s centers are designed to offer off-price retail experiences in open-air, community-oriented settings, providing value-focused shoppers with access to premium brands at reduced prices.

Founded in 1981 by Stanley K.