TANGER Increases Dividend Payable November 15, 2021
Tanger Factory Outlet Centers (NYSE:SKT) announced a 2.8% increase in its annual dividend to $0.73 per share, up from $0.71.
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 (NYSE:SKT) announced a 2.8% increase in its annual dividend to $0.73 per share, up from $0.71. The quarterly cash dividend of $0.1825 per share is payable on November 15, 2021, to shareholders on record as of October 29, 2021. Tanger operates upscale open-air outlet centers, with 36 properties across 20 states and Canada, totaling approximately 13.6 million square feet and hosting over 2,500 stores.
Positive
- Dividend increased by 2.8% to $0.73 per share.
- Quarterly cash dividend of $0.1825 is scheduled for November 15, 2021.
Negative
- None.
Details
News Market Reaction – SKT
The recorded move for SKT in the trading session of this news was +1.51%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
GREENSBORO, N.C., Sept. 16, 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 approved a
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 |
Media Contact Information | |
View original content to download multimedia:https://www.prnewswire.com/news-releases/tanger-increases-dividend-payable-november-15-2021-301378878.html
SOURCE Tanger Factory Outlet Centers, Inc.