Advertisement
UK markets closed
  • FTSE 100

    8,155.72
    -49.17 (-0.60%)
     
  • FTSE 250

    21,067.68
    -166.48 (-0.78%)
     
  • AIM

    784.13
    -3.54 (-0.45%)
     
  • GBP/EUR

    1.1866
    -0.0009 (-0.08%)
     
  • GBP/USD

    1.2915
    -0.0032 (-0.25%)
     
  • Bitcoin GBP

    51,557.41
    +2,029.94 (+4.10%)
     
  • CMC Crypto 200

    1,373.97
    +43.07 (+3.24%)
     
  • S&P 500

    5,505.00
    -39.59 (-0.71%)
     
  • DOW

    40,287.53
    -377.49 (-0.93%)
     
  • CRUDE OIL

    80.25
    -2.57 (-3.10%)
     
  • GOLD FUTURES

    2,402.80
    -53.60 (-2.18%)
     
  • NIKKEI 225

    40,063.79
    -62.56 (-0.16%)
     
  • HANG SENG

    17,417.68
    -360.73 (-2.03%)
     
  • DAX

    18,171.93
    -182.83 (-1.00%)
     
  • CAC 40

    7,534.52
    -52.03 (-0.69%)
     

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

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.