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Tanger Inc. - SKT STOCK NEWS

Welcome to our dedicated news page for Tanger (Ticker: SKT), a resource for investors and traders seeking the latest updates and insights on Tanger.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Tanger's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Tanger's position in the market.

Rhea-AI Summary
Tanger Inc. (NYSE:SKT) announces the amendment, increase, and extension of its unsecured lines of credit, with borrowing capacity increased by $100 million to $620 million and maturity extended to April 2029. The pricing grid has been improved, enhancing flexibility for growth initiatives and maintaining a strong credit profile.
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End-of-Day
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Rhea-AI Summary
Tanger (SKT) increases dividend by 5.8% to $1.10 per share annually and declares a quarterly cash dividend of $0.275 per share. CEO emphasizes commitment to shareholder value and long-term growth strategies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.87%
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dividends
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Rhea-AI Summary
SK Telecom (NYSE:SKM) enhances AI personal assistant 'A.' with new call-related features for Android users, including A. Call Translator and AI Spam Indicator. The upgrade aims to improve user experience and protect against spam calls.
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Rhea-AI Sentiment
End-of-Day
-1.53%
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Rhea-AI Summary
Tanger (NYSE: SKT) will release its financial results for the quarter ended March 31, 2024, on April 30, 2024. The conference call for analysts and investors will be held on May 1, 2024, at 8:30 a.m. Eastern Time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.82%
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Rhea-AI Summary
SK Telecom (SKM) partners with Iceotope Technologies and SK Enmove to develop energy-efficient liquid cooling solutions for AI data centers. The collaboration aims to reduce power consumption in data centers by deploying Precision Liquid Cooling technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.37%
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AI
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Rhea-AI Summary
Tanger (SKT) to participate in Citi's 2024 Global Property CEO Conference. Key executives to present at a round table discussion. Live webcast and replay details provided.
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Rhea-AI Sentiment
End-of-Day
0.17%
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conferences
Rhea-AI Summary
SK Telecom (SKM) and other leading telecommunications companies announce the establishment of a joint venture to develop Large Language Models (LLMs) for telcos. The goal is to enhance customer interactions through digital assistants and chatbots, targeting a global customer base of 1.3 billion across 50 countries.
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Rhea-AI Sentiment
End-of-Day
-0.41%
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Rhea-AI Summary
Tanger reported strong financial results with an 8th consecutive quarter of positive rent spreads. The company expanded its portfolio by adding three new centers, achieving record leasing activity. Despite a slight decrease in occupancy, key metrics like Same Center NOI and average tenant sales remained robust. The company's balance sheet is well-positioned for growth, with a focus on enhancing shareholder value. Tanger's guidance for 2024 shows confidence in continued performance and strategic growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.39%
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Rhea-AI Summary
Tanger Inc. (NYSE: SKT) has announced the treatment of its 2023 dividend distributions for income tax purposes. 87.26% of the common shares are classified as ordinary income, and 12.74% as a return of capital. The detailed information for each distribution is provided, including the record date, ex-dividend date, payable date, and total distribution per share. Shareholders are advised to consult their tax advisors for specific treatment.
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Rhea-AI Sentiment
End-of-Day
1.2%
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Rhea-AI Summary
Tanger® (NYSE: SKT) has declared a quarterly cash dividend of $0.26 per share, payable on February 15, 2024, to common shareholders of record on January 31, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.26%
Tags
dividends
Tanger Inc.

NYSE:SKT

SKT Rankings

SKT Stock Data

2.92B
106.11M
2.43%
87.67%
4.08%
Other Financial Vehicles
Finance and Insurance
Link
US
Greensboro

About SKT

tanger factory outlet centers, inc.(nyse:skt), is a publicly-traded reit headquartered in greensboro, north carolina. tanger’s portfolio of outlet centers has continued to expand and today includes 46 outlet centers in 24 states coast to coast and in canada. savvy outlet shoppers look to tanger outlet centers for the biggest selection of first-quality, in-season merchandise, for the latest fashion trends from their favorite brand name and designer outlet stores and so much more. because consumer love shopping and saving direct from the manufacturer, tanger centers are major tourist attractions that welcome more than 180 million brand name bargain hunters annually. america knows the value of shopping tangerstyle. for more information on tanger visit our web site at www.tangeroutlet.com. if you are interested in a career with tanger, please visit our careers page: http://www.tangeroutlet.com/company/careers.aspx