Buy small-cap stock Tanger because it offers generous dividends
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According to Bijie Network: Tanger is a real estate investment trust that operates 40 open-air outlet shopping centers in the United States and Canada. The company pays a quarterly dividend of $0.29 per share, with a dividend yield of 3.59%. Although the stock has risen 138% over the past five years, its price-to-earnings ratio is near a 52-week high, about 34 times future earnings. While an economic slowdown poses risks to consumer spending, analysts believe the company still has potential for further expansion.
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