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Tanger Factory Outlet Centers Declares Quarterly Dividend with Steady Payout and Analyst Optimism
ByAinvest
Wednesday, Jul 16, 2025 11:50 pm ET1min read
Tanger Factory Outlet Centers (SKT) declared a quarterly dividend of $0.2925 per share, offering a 3.6% forward yield. Analysts' one-year price targets suggest a 5.71% upside potential from the current trading price, while GuruFocus' GF Value estimates a 12.72% downside. Investors should consider these insights when making strategic decisions about SKT.
Tanger Factory Outlet Centers (SKT) announced today that its Board of Directors has declared a quarterly cash dividend of $0.2925 per share, payable on August 15, 2025, to common shareholders of record on July 31, 2025. This dividend represents a 3.6% forward yield based on the current stock price [1].Analysts have provided insights into the stock's potential future performance. One-year price targets suggest a 5.71% upside from the current trading price, indicating optimism about the company's prospects. However, GuruFocus estimates a 12.72% downside, suggesting caution among some analysts [2].
Tanger Inc., a leading owner and operator of outlet and open-air retail shopping destinations, has over 44 years of experience in the retail and outlet shopping industries. The company operates 37 outlet centers and three open-air lifestyle centers across 21 U.S. states and Canada, totaling 16 million square feet of retail space. As a publicly traded REIT since 1993, Tanger continues to innovate the retail experience for its shoppers [1].
Omnicom Group Inc. (OMC), a strategic partner of Tanger, reported strong financial performance for the second quarter of 2025, with a 3% organic growth rate and a non-GAAP adjusted EBITDA margin of 15.3%. The company's adjusted net income per share increased by 5.1%, reaching $2.05. Omnicom secured U.S. antitrust approval for its acquisition of Interpublic, which is expected to enhance its market influence [2].
Investors should consider these insights when making strategic decisions about SKT. The dividend declaration and positive analyst projections suggest potential growth opportunities, while the downside estimates from GuruFocus highlight the need for cautious evaluation.
References:
[1] https://www.marketscreener.com/quote/stock/TANGER-INC-14407/news/Tanger-Declares-Dividend-Payable-August-15-2025-50511846/
[2] https://www.gurufocus.com/news/2979833/omnicom-group-omc-reports-strong-q2-2025-financials-and-strategic-progress
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