Tanger Declares Dividend Payable August 15, 2022

Tanger Factory Outlet Centers (NYSE:SKT) has declared a cash dividend of $0.20 per share.

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Rhea-AI Summary

Tanger Factory Outlet Centers (NYSE:SKT) has declared a cash dividend of $0.20 per share. This dividend will be paid on August 15, 2022, to shareholders recorded as of July 29, 2022. The company operates 36 outlet centers across 20 states and Canada, totaling approximately 13.6 million square feet leased to over 2,600 stores. With over 41 years in the outlet industry, Tanger is well-established as a publicly-traded REIT.

Positive

Dividend of $0.20 per share enhances shareholder income.
Strong operational footprint with 36 centers and 2,600 stores.

Negative

None.

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News Market Reaction – SKT

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07/15/2022 - 09:15 AM

GREENSBORO, N.C., July 15, 2022 /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 $0.20 per share, payable on August 15, 2022, to common shareholders of record on July 29, 2022.

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 with one additional center currently under development. Tanger's operating properties are located in 20 states and in Canada, totaling approximately 13.6 million square feet, leased to over 2,600 stores operated by more than 600 different brand name companies. The Company has more than 41 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

Doug McDonald
SVP, Finance and Capital Markets
T: (336) 856-6066
TangerIR@tangeroutlets.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/tanger-declares-dividend-payable-august-15-2022-301587413.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 $0.20 per share.

When is the dividend payment date for SKT?

The dividend payment date for SKT is August 15, 2022.

What is the record date for the SKT dividend?

The record date for the SKT dividend is July 29, 2022.

How many outlet centers does Tanger Factory Outlet Centers (SKT) operate?

Tanger operates 36 outlet centers.

In how many states is Tanger Factory Outlet Centers (SKT) located?

Tanger has outlet centers in 20 states and Canada.

Tanger Declares Dividend Payable August 15, 2022