Thursday, September 21, 2017

Recent Buy - Tanger Factory Outlet Centers Inc. (SKT)

Yesterday September 20, I bought 50 shares of Tanger Factory Outlet Centers Inc. at $ 24.19 per share plus commission.


My overall cost basis of this position decreases from $ 25.54 to $ 24.92 per share. I totally hold now 100 shares of SKT and my yield on cost is 5.50%. You can look at my first purchase of SKT here.


 
Details of my purchase: 


 

With current yearly dividend ($ 1.37), my last purchase 50 shares of SKT increases € 42.76 ($ 51.03) of expected annual net dividend income. At today's exchange rate, this purchase will increase my portfolio projected annual net dividend income approximately to € 11,070.00. After this acquisition, SKT's weight of my portfolio is about 0.54% and its share of future annual dividend income is approximately 0.77%. My purpose is slowly to build up SKT's share of my portfolio, if the price remains at these levels.

Click here to see my portfolio.

Full Disclosure: Long SKT

Thanks for stopping by!

2 comments:

  1. I am impressed by Your portfolio and investment strategy. This ideas i have tried to implement myself, diversifying in 80-90 stocks for long term dividend growth .. Target is an excellent long term investment (0,75%) of my portfolio and i seriously consider buying more, but today bought instead some Bed Bath and Beyond after their disappointing report....... I will certainly follow Your blog with great interest.

    ReplyDelete
  2. I being adding SKT for some time now and will continue to do so. Is a great company at a great price!

    ReplyDelete