SKT Named Top 25 SAFE Dividend Stock Increasing Payments For Decades

Tanger Factory Outlet Centers, Inc. (Symbol: SKT) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 9.5% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ''DividendRank'' report.

According to the ETF Finder at ETF Channel, Tanger Factory Outlet Centers, Inc. is a member of the iShares S&P 1500 Index ETF (ITOT), and is also an underlying holding representing 1.58% of the SPDR S&P Dividend ETF (SDY), which holds $316,038,348 worth of SKT shares.

Tanger Factory Outlet Centers, Inc. (Symbol: SKT) made the "Dividend Channel S.A.F.E. 25" list because of these qualities: S. Solid return — hefty yield and strong DividendRank characteristics; A. Accelerating amount — consistent dividend increases over time; F. Flawless history — never a missed or lowered dividend; E. Enduring — at least two decades of dividend payments.

The annualized dividend paid by Tanger Factory Outlet Centers, Inc. is $1.42/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 10/30/2019. Below is a long-term dividend history chart for SKT, which the report stressed as being of key importance.


SKT operates in the REITs sector, among companies like American Tower Corp (AMT), and Crown Castle International Corp (CCI).

Top 25 S.A.F.E. Dividend Stocks Increasing Payments For Decades »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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