Tanger (SKT): A Promising Dividend Stock with Strong Earnings Growth

Tanger (SKT) is a finance stock with a dividend yield of 3.47%, higher than the REIT and Equity Trust - Retail industry's yield of 4.11% and the S&P 500's yield of 1.52%. The company has increased its dividend 4 times in the last 5 years, with a current payout ratio of 53%. SKT expects solid earnings growth for 2025, with a Zacks Consensus Estimate of $2.27 per share, representing a year-over-year earnings growth rate of 6.57%. The stock has a strong Zacks Rank of #2 (Buy) and presents a compelling investment opportunity for income investors.