Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

Tanger Inc. (SKT)

Company Dividend Discount ModelIndustry: REIT - RetailSector: Real Estate

Valuation Snapshot

Stable Growth$12.19 - $21.24$16.06
Multi-Stage$27.06 - $29.76$28.38
Blended Fair Value$22.22
Current Price$33.84
Upside-34.34%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.00%0.00%0.000.910.740.640.581.161.151.141.240.92
YoY Growth---100.00%23.22%16.28%8.80%-49.83%1.08%0.83%-7.74%34.53%15.95%
Dividend Yield--0.00%3.10%3.77%3.70%3.86%23.29%5.66%5.19%3.78%2.53%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)107.80
(-) Cash Dividends Paid (M)62.70
(=) Cash Retained (M)45.10
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)21.5613.488.09
Cash Retained (M)45.1045.1045.10
(-) Cash Required (M)-21.56-13.48-8.09
(=) Excess Retained (M)23.5431.6337.02
(/) Shares Outstanding (M)113.91113.91113.91
(=) Excess Retained per Share0.210.280.32
LTM Dividend per Share0.550.550.55
(+) Excess Retained per Share0.210.280.32
(=) Adjusted Dividend0.760.830.88
WACC / Discount Rate5.78%5.78%5.78%
Growth Rate-0.41%0.59%1.59%
Fair Value$12.19$16.06$21.24
Upside / Downside-63.99%-52.55%-37.24%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)107.80108.43109.07109.72110.36111.01114.34
Payout Ratio58.16%64.53%70.90%77.27%83.63%90.00%92.50%
Projected Dividends (M)62.7069.9777.3384.7792.3099.91105.77

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.78%5.78%5.78%
Growth Rate-0.41%0.59%1.59%
Year 1 PV (M)65.4966.1566.81
Year 2 PV (M)67.7569.1270.50
Year 3 PV (M)69.5171.6373.79
Year 4 PV (M)70.8473.7376.70
Year 5 PV (M)71.7775.4579.28
PV of Terminal Value (M)2,736.372,876.543,022.40
Equity Value (M)3,081.743,232.623,389.47
Shares Outstanding (M)113.91113.91113.91
Fair Value$27.06$28.38$29.76
Upside / Downside-20.05%-16.14%-12.07%

High-Yield Dividend Screener

« Prev Page 121 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
002239.SZAotecar New Energy Technology Co., Ltd.0.34%$0.0126.73%
002368.SZTaiji Computer Corporation Limited0.34%$0.0823.55%
002617.SZRoshow Technology Co., Ltd.0.34%$0.0319.56%
300300.SZStrait Innovation Internet Co., Ltd.0.34%$0.0584.72%
300398.SZPhiChem Corporation0.34%$0.0813.11%
300421.SZJiangsu LiXing General Steel Ball Co.,Ltd.0.34%$0.1366.39%
300740.SZSYoung Group Co., Ltd.0.34%$0.0820.71%
300826.SZNanJing Research Institute of Surveying, Mapping & Geotechnical Investigation, Co.Ltd0.34%$0.0660.89%
300907.SZKangping Technology (Suzhou) Co., Ltd.0.34%$0.1014.62%
300968.SZGuangdong Green Precision Components Co., Ltd0.34%$0.0582.10%
301200.SZShenzhen Han's CNC Technology Co., Ltd.0.34%$0.4029.43%
3330.HKLingbao Gold Group Company Ltd.0.34%$0.065.25%
601595.SSShanghai Film Co., Ltd.0.34%$0.1035.64%
603048.SSZhejiang Liming Intelligent Manufacturing Co.,Ltd.0.34%$0.0717.14%
603267.SSBeijing Yuanliu Hongyuan Electronic Technology Co., Ltd.0.34%$0.1917.23%
6409.TKITO Corporation0.34%$9.334.88%
6510.TWOChunghwa Precision Test Tech. Co., Ltd.0.34%$7.7924.72%
688239.SSGuizhou Aviation Technical Development Co., Ltd0.34%$0.2325.46%
688456.SSGRIPM Advanced Materials Co., Ltd.0.34%$0.2738.99%
ALII.JKAncara Logistics Indonesia Tbk0.34%$4.5022.56%
ALKEY.PAKeyrus S.A.0.34%$0.0315.83%
IMJS.JKPT Indomobil Multi Jasa Tbk0.34%$0.963.70%
NOBA.STNOBA Bank Group AB0.34%$0.416.70%
NTEA.LNorthern Electric PLC0.34%$0.4516.65%
QGO.BOQgo Finance Ltd.0.34%$0.153.42%
000988.SZHuagong Tech Company Limited0.33%$0.2616.32%
002337.SZTianjin Saixiang Technology Co.,Ltd0.33%$0.0229.47%
002420.SZGuangzhou Echom Sci.&Tech.Co.,Ltd0.33%$0.0316.88%
003720.KSSamYoung Chemical Co.,Ltd0.33%$19.909.33%
218410.KQRFHIC Corporation0.33%$116.6318.67%
2378.HKPrudential plc0.33%$0.4025.46%
300279.SZWuxi Hodgen Technology Co., Ltd.0.33%$0.0217.85%
600081.SSDongfeng Electronic Technology Co.,Ltd.0.33%$0.0441.77%
603019.SSDawning Information Industry Co., Ltd.0.33%$0.2819.53%
603273.SSJiangsu Teeyer Intelligent Equipment Co.,Ltd.0.33%$0.0746.59%
603489.SSBafang Electric (Suzhou) Co.,Ltd.0.33%$0.1029.52%
605111.SSWuxi NCE Power Co., Ltd.0.33%$0.1211.20%
688008.SSMontage Technology Co., Ltd.0.33%$0.3821.45%
688392.SSSBT Ultrasonic Technology0.33%$0.3726.04%
AUNAAuna S.A.0.33%$0.020.63%
CFF.BOCFF Fluid Control Ltd.0.33%$1.937.79%
DPM.AXDpmmetals Cdi 1:1 [dpm]0.33%$0.169.14%
FER.MCFerrovial SE0.33%$0.185.57%
STEF-B.STStendörren Fastigheter AB (publ)0.33%$0.647.27%
002119.SZNingbo Kangqiang Electronics Co., Ltd0.32%$0.0519.54%
002402.SZShenzhen H&T Intelligent Control Co., Ltd.0.32%$0.1218.51%
002537.SZHyUnion Holding Co.,Ltd0.32%$0.0315.56%
0FGL.LNexus AG0.32%$0.2311.69%
300073.SZBeijing Easpring Material Technology CO.,LTD.0.32%$0.1920.02%
300243.SZShandong Ruifeng Chemical Co., Ltd.0.32%$0.0385.81%