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Tanger Declares Dividend Payable August 13, 2021

Tanger Factory Outlet Centers, Inc. (NYSE:SKT) has declared a cash dividend of $0.1775 per share, scheduled for payment on August 13, 2021.

(Moderate)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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dividends

Rhea-AI Summary

Tanger Factory Outlet Centers, Inc. (NYSE:SKT) has declared a cash dividend of $0.1775 per share, scheduled for payment on August 13, 2021. This dividend will benefit common shareholders on record as of July 30, 2021. Tanger, which operates upscale open-air outlet centers across 36 locations in 20 states and Canada, leases space to over 2,500 stores from more than 500 brands. The company's extensive experience in the outlet industry spans more than 40 years.

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Positive

  • Declared a cash dividend of $0.1775 per share, enhancing shareholder income.
  • Demonstrates confidence in business operations with consistent dividend payments.

Negative

  • None.
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-2.59% session move Open Argus
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News Market Reaction – SKT

The recorded move for SKT in the trading session of this news was -2.59%.

Data tracked by StockTitan Argus. Session date unavailable.

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GREENSBORO, N.C., July 12, 2021 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE:SKT), a leading operator of upscale open-air outlet centers, announced today that its Board of Directors declared a cash dividend of $0.1775 per share, payable on August 13, 2021, to common shareholders of record on July 30, 2021.

Tanger Outlets. (PRNewsFoto/Tanger Factory Outlet Centers, Inc.)

About Tanger Factory Outlet Centers, Inc.

Tanger Factory Outlet Centers, Inc. (NYSE: SKT) is a leading operator of upscale open-air outlet centers that owns, or has an ownership interest in, a portfolio of 36 centers. Tanger's operating properties are located in 20 states and in Canada, totaling approximately 13.6 million square feet, leased to over 2,500 stores operated by more than 500 different brand name companies. The Company has more than 40 years of experience in the outlet industry and is a publicly traded REIT. For more information on Tanger Outlet Centers, call 1-800-4TANGER or visit the Company's website at www.tangeroutlets.com.   

Investor Contact Information




Cyndi Holt 

Jim Williams

SVP Finance and Investor Relations

EVP, CFO and Treasurer

336-834-6892

336-834-6800

Cyndi.holt@tangeroutlets.com

jim.williams@tangeroutlets.com



Media Contact Information




CorporateCommunications@tangeroutlets.com


Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/tanger-declares-dividend-payable-august-13-2021-301331531.html

SOURCE Tanger Factory Outlet Centers, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Tanger Factory Outlet Centers (SKT)?

Tanger Factory Outlet Centers declared a cash dividend of $0.1775 per share.

When is the dividend payable for SKT shareholders?

The dividend is payable on August 13, 2021.

What date is the record for SKT shareholders to receive the dividend?

The record date for receiving the dividend is July 30, 2021.

How many outlet centers does Tanger operate?

Tanger operates a portfolio of 36 outlet centers.

In how many states does Tanger have outlet centers?

Tanger has outlet centers in 20 states.

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