3 Reasons This 7.1% Yielding Blue-Chip Is A Table Pounding Buy

3 Reasons This 7.1% Yielding Blue-Chip Is A Table Pounding Buy

Posted On March 20, 2019 1:54 pm

This 7.1% yielding blue-chip is the most undervalued REIT in America right now. Which is why I just bought $7,500 worth of its stock.


  • I’m a huge fan of buying quality dividend stocks at huge discounts to fair value, mostly focusing on blue-chips and SWAN stocks (based on my new quality score scale).
  • Tanger has fallen 52% since its mid-2016 highs, due to a disturbing decline in fundamentals that have Wall Street convinced the thesis is broken.
  • I disagree with that assessment and recently bought $7,500 of this 7% yielding SWAN stock with recycled capital from other successful investments (22% profit on Kimco).
  • Tanger’s low-risk turnaround is likely to take a few years, but if successful (I think it will be), the REIT is about 50% undervalued today.
  • If it returns to historical growth rates, via several catalysts, then Tanger should deliver about 16% to 21% CAGR total returns over the next decade.

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Photo: “3” by Jeronimo Gomato Esperilla is licensed under CC BY-NC-ND

About author

Dividend Sensei

I'm an Army veteran and former energy dividend writer for The Motley Fool. I'm a proud co-founder of Wide Moat Research, Dividend Kings, and the Intelligent Dividend Investor. My work can be found on Seeking Alpha, Dividend Kings, iREIT, and the Intelligent Dividend Investor. My goal is to help all people learn how to harness the awesome power of dividend growth investing to achieve their financial dreams and enrich their lives. With 24 years of investing experience, I've learned what works and more importantly, what doesn't, when it comes to building long-term wealth and income streams and achieving long-term financial goals.

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