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TJX - Tanger Factory Outlet Centers: This 10% Yield Is Not Safe Without AFFO Growth
TJX Companies Inc.
Tanger Factory Outlet Centers (SKT) yields more than 10.1%. The company also has an annual dividend growth streak of 26 years. This makes SKT the highest-yielding stock on the Champions portion of the CCC list by a long shot.
With this in mind, it’s obvious why I’ve seen engagement go up on Tanger pieces as of late. It’s why subscribers and followers have asked me about Tanger’s prospects as a dividend growth investment. Who wouldn’t want to add a reliable, double-digit yield to their portfolio? Heck, you don’t even have to be interested