Tanger Declares Dividend Payable May 14, 2021
Tanger Factory Outlet Centers, Inc. (NYSE:SKT) announced a cash dividend of $0.1775 per share, payable on May 14, 2021, to shareholders on record as of April 30, 2021.
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) announced a cash dividend of $0.1775 per share, payable on May 14, 2021, to shareholders on record as of April 30, 2021.
The company operates 36 outlet centers across 20 states and Canada, leasing approximately 13.6 million square feet to over 2,500 stores. With more than 40 years in the outlet industry, Tanger is a publicly traded REIT.
Positive
- Declared a cash dividend of $0.1775 per share, reinforcing shareholder income.
- Strong portfolio presence with 36 centers across 20 states and Canada.
Negative
- None.
Details
News Market Reaction – SKT
The recorded move for SKT in the trading session of this news was +1.20%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
GREENSBORO, N.C., April 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
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 |
336-834-6892 | 336-834-6800 |
Media Contact Information | |
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SOURCE Tanger Factory Outlet Centers, Inc.
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