Notable News Spotlight: Tanger Factory Outlet Centers, Inc. (NYSE: SKT),

Tanger Factory Outlet Centers, Inc. (NYSE: SKT) stock identified change of 7.75% away from 52-week low price and recently located move of -19.94% off 52-week high price. It has market worth of $1978.86M and dividend yield of 6.54%. SKT stock has been recorded -7.94% away from 50 day moving average and -7.01% away from 200 day moving average. Moving closer, we can see that shares have been trading -4.20% off 20-day moving average.

Tanger Factory Outlet Centers, Inc. (NYSE: SKT) announced that its Board of Directors declared a quarterly dividend of $0.35 per share for the third quarter ending September 30, 2018. A cash dividend of $0.35 per share will be payable on November 15, 2018 to holders of record on October 31, 2018.

Since becoming a public company in May 1993, the company has paid a cash dividend each quarter and has increased its dividend each year.

About Tanger Factory Outlet Centers

Tanger Factory Outlet Centers, Inc. (NYSE: SKT), is a publicly-traded REIT headquartered in Greensboro, North Carolina that presently operates and owns, or has an ownership interest in, a portfolio of 44 upscale outlet shopping centers. Tanger’s operating properties are located in 22 states coast to coast and in Canada, totaling approximately 15.3 million square feet, leased to over 3,100 stores which are operated by more than 520 different brand name companies. The Company has more than 37 years of experience in the outlet industry.

The Financial sector company, Tanger Factory Outlet Centers noticed change of -1.61% to $21.4 along volume of 1603624 shares in recent session compared to an average volume of 1274.66K. The stock observed return of -0.83% in 5 days trading activity. The stock was at -6.10% over one month performance. SKT’s shares are at -8.00% for the quarter and driving a -14.19% return over the course of the past year and is now at -19.28% since this point in 2018.

The average volatility for the week at 2.41% and for month was at 2.37%. There are 92.47M shares outstanding and 92.01M shares are floated in market. Right now the stock beta is 0.48.

About the Author

Kyle Webster
Kyle Webster
Kyle Webster is a self taught investor and follows the value investing approach to picking stocks. He possesses over 10 years of investment experience, an M.B.A. from Louisiana State University, and is also certified in Risk Management Assurance. Kyle is a Certified Internal Auditor, Data Miner, and author with a career broadly spanning over multiple business areas. He has exploited those observations and developed investment tactics within a fundamentally sound long-term investment strategy. He currently covers Research News category for our site. He can be reached via Email Contact -  kyle@mostvolatilestocks.com.

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