1 Dividend Stock Yielding 5.2% to Buy Before the Next Recession

Recessions can be rough for the retail industry as consumers pull back on spending and become more conscious of where their money goes. Tanger Outlets (NYSE: SKT), which operates 37 outlet centers in major tourist destinations and suburbs of growing cities, should be able to weather the storm by offering great deals to consumers and a low-cost, high-margin channel for retailers. Its portfolio of open-air outlet centers certainly helped, as did the company's policy to offer deferred rent payments for tenants in early 2020.