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Earnings results expected in 86 days
Tanger: 4% Yield, Re-Tenanting Upside, Low FFO Multiple
Tanger Inc. offers strong value for passive income investors with robust same center net operating income growth and high shopping center occupancy. The trust has low FFO multiple, positive rental spreads, and upcoming lease expirations that could lead to growth in net operating income and funds from operations. Tanger's dividend has increased by 6% in April, with potential for further growth due to re-leasing efforts and strong rental spreads.
Seekingalpha | 1 year ago
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