Tanger Inc.

SKT

Real Estate · REIT - Retail · Stock · quarterly payer

$35.43

Overvalued · -31% Add to Portfolio

Forward Yield

3.53%

Annual Dividend

$1.25

Payout Ratio

109%

5-Yr Growth

-4.1%

Ex-Date

Oct 30, 2026

Frequency

Quarterly

Key facts about SKT's dividend

Data as of Oct 18, 2026 · Source: SmarterDividends data

As of Oct 18, 2026, Tanger Inc. (SKT) has a forward dividend yield of 3.53%, based on an annual dividend of $1.25 per share and a share price of $35.43.
As of Oct 18, 2026, SKT's dividend safety grade from SmarterDividends is C (57 out of 100), which rates the dividend as borderline.
By SmarterDividends' count, Tanger Inc. (SKT) has raised its dividend for 4 consecutive years as of Oct 18, 2026.
SKT last cut its regular dividend in 2021.
SKT's next ex-dividend date is Oct 30, 2026, with payment on Nov 13, 2026. Shares must be owned before that date to receive the dividend.
As of Oct 18, 2026, SKT pays out 109% of its trailing 12-month earnings as dividends (its payout ratio).
SKT's dividend has shrunk at an average rate of 4.1% a year over the past five years.
As of Oct 18, 2026, SKT's 3.53% yield is 14% below its five-year average yield of 4.10%.
As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for SKT is $24.56 per share, 31% below the $35.43 share price, so SKT screens as overvalued.
Tanger Inc. (SKT) pays its dividend quarterly, 4 times a year.
Tanger Inc. (SKT) has raised its regular dividend 37 times and cut it 2 times across the 133 payments on record since 1993. Its most recent change was a 6.8% increase to $0.313 per share, going ex-dividend on Apr 30, 2026. The last cut went ex-dividend on Jan 28, 2021.

Cite this page

SmarterDividends, "SKT Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/SKT

Summary

As of Oct 18, 2026, Tanger Inc. (SKT) yields 3.53% ($1.25 a year per share), has a dividend safety grade of C (57/100) and has 4 consecutive years of dividend increases on record.

Is SKT a good dividend stock?

Mixed

Tanger Inc. (SKT) pays a quarterly dividend yielding 3.53% ($1.25/yr), with 4 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

79% total price return over 5 years

Risks

Cut its dividend in 2021
Elevated payout ratio (109%)
Dividend has been shrinking, not growing

Key Data

Dividend Yield: 3.53%
Payout Ratio: 109%
Annual Dividend: $1.25
5-Yr Avg Growth: -4.1%
Ex-Dividend Date: Oct 30, 2026
Years of Growth: 4
Frequency: quarterly
Beta: 1.10
Market Cap: $4.2B
P/E Ratio: 32.5
5-Yr Total Return: 79%
52-Week Range: $31.13 – $42.53
Dividend Safety: C · 57/100
Ever Cut?: Yes (2021)

SKT dividend raises and cuts

Tanger Inc. (SKT) has raised its regular dividend 37 times and cut it 2 times across the 133 payments on record since 1993. Its most recent change was a 6.8% increase to $0.313 per share, going ex-dividend on Apr 30, 2026. The last cut went ex-dividend on Jan 28, 2021.

Ex-date	Change	Old → new	Move
Apr 30, 2026	Raise	$0.293 → $0.313	+6.8%
Apr 30, 2025	Raise	$0.275 → $0.293	+6.5%
Apr 29, 2024	Raise	$0.260 → $0.275	+5.8%
Oct 30, 2023	Raise	$0.245 → $0.260	+6.1%
Apr 27, 2023	Raise	$0.220 → $0.245	+11.4%
Oct 28, 2022	Raise	$0.200 → $0.220	+10.0%
Apr 28, 2022	Raise	$0.183 → $0.200	+9.3%
Oct 28, 2021	Raise	$0.178 → $0.183	+2.8%
Jan 28, 2021	Cut	$0.358 → $0.178	−50.3%
Apr 29, 2020	Raise	$0.355 → $0.358	+0.8%
Apr 29, 2019	Raise	$0.350 → $0.355	+1.4%
Apr 27, 2018	Raise	$0.343 → $0.350	+2.0%

Show all 39 changes since 1993

Ex-date	Change	Old → new	Move
Apr 26, 2017	Raise	$0.325 → $0.343	+5.5%
Apr 27, 2016	Raise	$0.285 → $0.325	+14.0%
Apr 28, 2015	Raise	$0.240 → $0.285	+18.7%
Apr 28, 2014	Raise	$0.225 → $0.240	+6.7%
Apr 26, 2013	Raise	$0.210 → $0.225	+7.1%
Apr 26, 2012	Raise	$0.200 → $0.210	+5.0%
Apr 27, 2011	Raise	$0.194 → $0.200	+3.1%
Apr 28, 2010	Raise	$0.192 → $0.194	+1.3%
Apr 28, 2009	Raise	$0.190 → $0.192	+0.8%
Apr 28, 2008	Raise	$0.180 → $0.190	+5.6%
Apr 26, 2007	Raise	$0.170 → $0.180	+5.9%
Apr 26, 2006	Raise	$0.162 → $0.170	+5.3%
Apr 27, 2005	Raise	$0.157 → $0.162	+3.2%
Jan 27, 2005	Raise	$0.156 → $0.157	+0.2%
Apr 28, 2004	Raise	$0.154 → $0.156	+1.6%
Apr 28, 2003	Raise	$0.153 → $0.154	+0.3%
Apr 26, 2002	Raise	$0.153 → $0.153	+0.5%
Apr 26, 2001	Raise	$0.152 → $0.153	+0.3%
Apr 26, 2000	Raise	$0.151 → $0.152	+0.5%
Apr 28, 1999	Raise	$0.150 → $0.151	+0.8%
Apr 28, 1998	Raise	$0.138 → $0.150	+9.1%
Apr 23, 1997	Raise	$0.130 → $0.138	+5.8%
Apr 24, 1996	Raise	$0.125 → $0.130	+4.0%
Apr 24, 1995	Raise	$0.115 → $0.125	+8.7%
Jul 25, 1994	Raise	$0.104 → $0.115	+10.8%
Apr 25, 1994	Cut	$0.105 → $0.104	−1.2%
Oct 26, 1993	Raise	$0.0288 → $0.105	+265.2%

Every SKT payment →Download every raise and cut (CSV)

SKT ex-dividend date & scheduleNext ex-date Oct 30, 2026 · full ex-dividend historyView →SKT dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is SKT a good dividend stock?

Mixed. Tanger Inc. (SKT) pays a quarterly dividend yielding 3.53% ($1.25/yr), with 4 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Is SKT undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, SKT's fair value is about $24.56 versus a $35.43 share price — so it looks overvalued (-31% vs. fair value).

Is SKT's dividend safe?

SKT has a dividend-safety grade of C (57/100), based on its payout coverage, free-cash-flow, 4-year growth streak, a dividend cut in 2021, debt and yield-versus-history.

What is SKT's fair value?

Our blended fair-value estimate for SKT is about $24.56 per share, about 31% below the current $35.43 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is SKT a buy, hold, or sell?

We don't issue formal ratings, but on the data SKT screens as "mixed" and overvalued. Tanger Inc. (SKT) pays a quarterly dividend yielding 3.53% ($1.25/yr), with 4 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

Will SKT cut its dividend?

SKT earns a dividend-safety grade of C (57/100), and has cut its dividend before (last in 2021). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does SKT pay a dividend?

Yes. Tanger Inc. pays a quarterly dividend of about $1.25 per share annually, a forward yield of roughly 3.53%.

What is SKT's dividend yield?

As of Oct 18, 2026, SKT's forward dividend yield is 3.53%, based on a $1.25 annual dividend and a $35.43 share price.

What is SKT's dividend per share?

As of Oct 18, 2026, SKT pays $1.25 per share per year, distributed on a quarterly basis.

What is SKT's dividend payout ratio?

As of Oct 18, 2026, SKT's payout ratio is 109% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has SKT grown its dividend?

As of Oct 18, 2026, SKT has increased its dividend for 4 consecutive years.

When is the next SKT ex-dividend date?

As of Oct 18, 2026, the next ex-dividend date on record for SKT is Oct 30, 2026.

Dividend Growth

Total dividends per share by year

Dividend History

Full SKT dividend history →

Ex-Date	Pay Date	Amount	Type
Jul 31, 2026	Aug 14, 2026	$0.3130	regular
Apr 30, 2026	May 15, 2026	$0.3130	regular
Jan 30, 2026	Feb 13, 2026	$0.2930	regular
Oct 31, 2025	Nov 14, 2025	$0.2930	regular
Jul 31, 2025	Aug 15, 2025	$0.2930	regular
Apr 30, 2025	May 15, 2025	$0.2930	regular
Jan 31, 2025	Feb 14, 2025	$0.2750	regular
Oct 31, 2024	Nov 15, 2024	$0.2750	regular
Jul 31, 2024	Aug 15, 2024	$0.2750	regular
Apr 29, 2024	May 15, 2024	$0.2750	regular
Jan 30, 2024	Feb 15, 2024	$0.2600	regular
Oct 30, 2023	Nov 15, 2023	$0.2600	regular
Jul 28, 2023	Aug 15, 2023	$0.2450	regular
Apr 27, 2023	May 15, 2023	$0.2450	regular