3 High-Dividend Retail Stocks That Could Turn $100,000 Into $1 Million
Outlet retail has proved to be extremely resilient in recent years, as retailers have embraced the lower cost structure of operating outlet stores, as well as the generally favorable locations of outlet malls. Tanger Factory Outlet Centers (NYSE: SKT) is the only pure-play outlet retail REIT in the market, and its latest results show just how strong the business is. Average tenant sales per square foot are 12% higher than comparable pre-pandemic (2019) levels.