Tanger Declares Dividend Payable February 15, 2023

Rhea-AI Summary

Tanger Factory Outlet Centers, Inc. (NYSE:SKT) has declared a quarterly cash dividend of $0.22 per share. This dividend is payable on February 15, 2023, to shareholders on record as of January 31, 2023. Tanger operates 36 outlet centers across 20 states and Canada, totaling approximately 13.9 million square feet, with over 2,700 stores from more than 600 brand name companies. The company has over 42 years of experience in the outlet industry, highlighting its solid presence in the market.

Positive

• Declared a quarterly cash dividend of $0.22 per share.
• Confident cash flow indicated by consistent dividend payment.

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• None.

GREENSBORO, N.C., Jan. 19, 2023 /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 quarterly cash dividend of $0.22 per share, payable on February 15, 2023 to common shareholders of record on January 31, 2023.

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) and/or manages a portfolio of 36 centers with an additional center currently under development. Tanger's operating properties are located in 20 states and in Canada, totaling approximately 13.9 million square feet, leased to over 2,700 stores operated by more than 600 different brand name companies. The Company has more than 42 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

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SOURCE Tanger Factory Outlet Centers, Inc.

FAQ

What is the dividend amount declared by Tanger Factory Outlet Centers (SKT)?

Tanger Factory Outlet Centers declared a quarterly cash dividend of $0.22 per share.

When will the dividend for SKT be paid?

The dividend will be paid on February 15, 2023.

What is the record date for Tanger Factory Outlet Centers' dividend?

The record date for the dividend is January 31, 2023.

How many outlet centers does Tanger operate?

Tanger operates 36 outlet centers across 20 states and Canada.

What is the significance of the dividend declared by SKT?

The dividend declaration reflects Tanger's commitment to returning value to shareholders and indicates confidence in cash flow.