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Tanger Declares Dividend Payable February 15, 2022

Tanger Factory Outlet Centers, Inc. (NYSE:SKT) has declared a cash dividend of $0.1825 per share.

(Neutral)

Sentiment and the balance of points

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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.

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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.
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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.

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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 $0.1825 per share, payable on February 15, 2022, to common shareholders of record on January 31, 2022.

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 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      

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/tanger-declares-dividend-payable-february-15-2022-301460793.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 has declared a cash dividend of $0.1825 per share.

When is the dividend payable for SKT shareholders?

The dividend will be payable on February 15, 2022.

Who is eligible to receive the dividend from Tanger Factory Outlet Centers?

Shareholders on record as of January 31, 2022, are eligible to receive the dividend.

How many outlet centers does Tanger Factory Outlet Centers operate?

Tanger operates 36 upscale open-air outlet centers.

In how many states and countries does Tanger operate its outlet centers?

Tanger operates in 20 states and Canada.

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