Tanger Factory Outlet Centers, Inc. (NYSE:SKT) Updates On Quarterly Dividend


As per Tanger Factory Outlet Centers, Inc. (NYSE:SKT) statement on 2016-09-07, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.325 per share as dividend to stakeholders. The record date is set as 2016-07-29, the payout date as 2016-08-15 and the ex-dividend date is 2016-07-27.

Last fiscal Tanger Factory Outlet Centers, Inc. (NYSE:SKT) disbursed cash dividend of $0.325. A year ago, the payout was $0.325, which indicates a difference of 38.0952%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.325, implying 11.0561% growth.

For the period ended on 2015-12-31, Tanger Factory Outlet Centers, Inc. (NYSE:SKT)’s earnings came at $0.59 per share compared to EPS of $0.59 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-25. For this quarter, the analysts have earnings estimate of $0.6 per share.

The interim price target for Tanger Factory Outlet Centers, Inc. (NYSE:SKT) is set at $42.5. This level is the mean price reached by averaging the stock views of 4 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Tanger Factory Outlet Centers, Inc. (NYSE:SKT) is seen at $48 and the lowest level is established at $38. This broad range highlights a standard deviation of $4.123 in reported estimates.

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