Tanger Factory Outlet Centers, Inc. 2022 Tax Reporting Information - Distribution (Form 1099)

Rhea-AI Summary

Tanger Factory Outlet Centers (NYSE:SKT) announced that its 2022 dividend distributions will be classified as ordinary income for tax purposes. Shareholders are advised to consult personal tax advisors regarding the tax treatment of these dividends. The total distributions per share for 2022 include amounts of $0.1825, $0.2000, $0.2000, and $0.2200, leading to a total distribution of $0.8025. All distributions are considered 100% ordinary income. Important dates include record dates from January 31 to October 31, 2022, and payable dates from February 15 to November 15, 2022.

Positive

• Consistent dividend distribution of $0.8025 per share for 2022.
• Dividends are entirely classified as ordinary income, benefiting shareholders in certain tax scenarios.

Negative

• None.

GREENSBORO, N.C., Jan. 20, 2023 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE:SKT) announced today that its 2022 dividend distributions should be treated as follows for income tax purposes.

Common Shares: 100% as ordinary income

Detailed information regarding each distribution for 2022 is below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of the Company's dividend distributions.

Tanger Factory Outlet Centers, Inc. - Common Stock (Symbol SKT) (CUSIP No. 875465106)

					Totals	% of Annual Total
Record Date	1/31/2022	4/29/2022	7/29/2022	10/31/2022
Ex-Dividend Date	1/28/2022	4/28/2022	7/28/2022	10/28/2022
Payable Date	2/15/2022	5/13/2022	8/15/2022	11/15/2022
Total Distribution Per Share	$0.1825	$0.2000	$0.2000	$0.2200	$0.8025
Amount Included In Shareholders' 2022 Income	$0.1825	$0.2000	$0.2000	$0.2200	$0.8025
Box 1a Total Ordinary Dividends	$0.1825	$0.2000	$0.2000	$0.2200	$0.8025	100 %
Box 3 Non Dividend Distributions	$0.0000	$0.0000	$0.0000	$0.0000	$0.0000	0 %
Box 5 Section 199A Dividends	$0.1825	$0.2000	$0.2000	$0.2200	$0.8025

 

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 for Tanger Factory Outlet Centers (SKT) in 2022?

The total dividend amount for Tanger Factory Outlet Centers (SKT) in 2022 is $0.8025 per share.

How are Tanger Factory Outlet Centers (SKT) dividends taxed for 2022?

For 2022, dividends from Tanger Factory Outlet Centers (SKT) are treated as 100% ordinary income for tax purposes.

What are the important dates for SKT's 2022 dividends?

Key dates include record dates from January 31 to October 31, 2022, and payable dates from February 15 to November 15, 2022.

Is there any non-dividend distribution for SKT in 2022?

No, there were no non-dividend distributions for Tanger Factory Outlet Centers (SKT) in 2022.

Where can I find more information about Tanger Factory Outlet Centers (SKT)?

More information can be found on the company's website at www.tangeroutlets.com.