Tanger Declares Dividend Payable February 15, 2022
Tanger Factory Outlet Centers, Inc. (NYSE:SKT) has declared a cash dividend of $0.1825 per share.
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.
Rhea-AI Summary
Tanger Factory Outlet Centers, Inc. (NYSE:SKT) has declared a cash dividend of $0.1825 per share. This dividend will be payable on February 15, 2022, to shareholders on record as of January 31, 2022. Tanger operates 36 upscale open-air outlet centers across 20 states and Canada, totaling approximately 13.6 million square feet. The company has over 41 years of experience in the outlet industry, leasing to more than 2,500 stores featuring over 500 brand name companies.
Positive
- Declared a cash dividend of $0.1825 per share, affirming commitment to returning value to shareholders.
- Operates 36 outlet centers, enhancing portfolio strength and revenue potential.
Negative
- None.
Details
News Market Reaction – SKT
The recorded move for SKT in the trading session of this news was -1.07%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
GREENSBORO, N.C., Jan. 13, 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
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 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
Cyndi Holt
Senior Vice President, Capital Markets
Cyndi.holt@tangeroutlets.com
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SOURCE Tanger Factory Outlet Centers, Inc.
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