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Tanger Inc. 2024 Tax Reporting Information – Distribution (Form 1099)

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Tanger Inc. (NYSE: SKT) has released its 2024 tax reporting information for dividend distributions. The company's dividend distributions for tax purposes should be treated as 99.29% ordinary income and 0.71% capital gain distribution.

The total distribution per share for 2024 amounts to $1.085, distributed across four payments: $0.26 (February), $0.275 (May), $0.275 (August), and $0.275 (November). Of the total distribution, $1.077334 qualifies as ordinary dividends (Box 1a) and $0.007666 as capital gain distributions (Box 2a). The Section 199A dividends amount matches the ordinary dividends at $1.077334.

Tanger Inc. (NYSE: SKT) ha pubblicato le informazioni fiscali per il 2024 relative alle distribuzioni dei dividendi. Le distribuzioni dei dividendi dell'azienda per fini fiscali devono essere trattate come 99,29% reddito ordinario e 0,71% distribuzione di guadagni in conto capitale.

La distribuzione totale per azione per il 2024 ammonta a $1,085, suddivisa in quattro pagamenti: $0,26 (febbraio), $0,275 (maggio), $0,275 (agosto) e $0,275 (novembre). Della distribuzione totale, $1,077334 sono qualificati come dividendi ordinari (Box 1a) e $0,007666 come distribuzioni di guadagni in conto capitale (Box 2a). L'importo dei dividendi secondo la Sezione 199A corrisponde ai dividendi ordinari a $1,077334.

Tanger Inc. (NYSE: SKT) ha publicado su información fiscal para 2024 sobre la distribución de dividendos. Las distribuciones de dividendos de la compañía para fines fiscales deben ser tratadas como 99.29% ingresos ordinarios y 0.71% distribución de ganancias de capital.

La distribución total por acción para 2024 asciende a $1.085, distribuida en cuatro pagos: $0.26 (febrero), $0.275 (mayo), $0.275 (agosto) y $0.275 (noviembre). Del total de la distribución, $1.077334 califica como dividendos ordinarios (Box 1a) y $0.007666 como distribuciones de ganancias de capital (Box 2a). El monto de los dividendos de la Sección 199A coincide con los dividendos ordinarios a $1.077334.

Tanger Inc. (NYSE: SKT)는 2024년 배당금 분배에 대한 세금 보고 정보를 발표했습니다. 회사의 배당금 분배는 세금 목적상 99.29% 일반 소득0.71% 자본 이익 분배로 처리해야 합니다.

2024년 주당 총 분배액은 $1.085로, 네 번의 지급으로 나뉩니다: $0.26 (2월), $0.275 (5월), $0.275 (8월), $0.275 (11월). 총 분배 중 $1.077334는 일반 배당금(상자 1a)으로, $0.007666는 자본 이익 분배(상자 2a)로 분류됩니다. 섹션 199A 배당금 금액은 일반 배당금과 동일하게 $1.077334입니다.

Tanger Inc. (NYSE: SKT) a publié ses informations fiscales pour 2024 concernant les distributions de dividendes. Les distributions de dividendes de l'entreprise doivent être considérées à des fins fiscales comme 99,29% revenu ordinaire et 0,71% distribution de gains en capital.

La distribution totale par action pour 2024 s'élève à $1,085, répartie sur quatre versements : $0,26 (février), $0,275 (mai), $0,275 (août) et $0,275 (novembre). Parmi la distribution totale, $1,077334 est qualifié de dividendes ordinaires (Case 1a) et $0,007666 de distributions de gains en capital (Case 2a). Le montant des dividendes selon la Section 199A est identique aux dividendes ordinaires à $1,077334.

Tanger Inc. (NYSE: SKT) hat seine Steuerberichterstattung für 2024 bezüglich der Dividendenausschüttungen veröffentlicht. Die Dividenden von der Gesellschaft sollten für steuerliche Zwecke als 99,29% ordentliche Einkünfte und 0,71% Kapitalgewinnausschüttungen behandelt werden.

Die gesamte Ausschüttung pro Aktie für 2024 beträgt $1,085, verteilt auf vier Zahlungen: $0,26 (Februar), $0,275 (Mai), $0,275 (August) und $0,275 (November). Von der Gesamtausschüttung qualifizieren sich $1,077334 als ordentliche Dividenden (Box 1a) und $0,007666 als Kapitalgewinnausschüttungen (Box 2a). Der Betrag der Dividenden gemäß Abschnitt 199A entspricht den ordentlichen Dividenden von $1,077334.

Positive
  • Quarterly dividend payments maintained and increased from $0.26 to $0.275 throughout 2024
  • Total annual dividend distribution of $1.085 per share for 2024
Negative
  • None.

Insights

The recently released tax classification of Tanger's 2024 dividends provides important information for shareholder tax planning. The total distribution of $1.085 per share is broken down as follows:

  • Ordinary income: $1.077334 (99.29%)
  • Capital gains: $0.007666 (0.71%)

For investors, this classification has significant tax implications. The majority being classified as ordinary income means these dividends will be taxed at the shareholder's regular income tax rate rather than the potentially lower qualified dividend rate. However, the ordinary income portion qualifies as Section 199A dividends, which means eligible taxpayers (particularly pass-through entities and individual investors) may qualify for up to a 20% deduction on this income.

The dividend distribution schedule shows quarterly payments increasing from $0.26 in Q1 to $0.275 for the remaining quarters, reflecting a stable and slightly growing dividend policy. This structured approach to dividend payments, combined with the detailed tax classification, demonstrates Tanger's commitment to providing transparent and predictable income streams to its shareholders.

GREENSBORO, N.C.--(BUSINESS WIRE)-- Tanger Inc. (NYSE: SKT) announced today that its 2024 dividend distributions should be treated as follows for income tax purposes.

Common Shares: 99.29% as ordinary income and 0.71% as capital gain distribution

Detailed information regarding each distribution for 2024 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 Inc. - Common Stock (Symbol SKT) (CUSIP No. 875465106)

 

 

 

 

Totals

% of
Annual
Total

Record Date

1/31/2024

 

4/30/2024

 

7/31/2024

 

10/31/2024

 

 

 

 

Ex-Dividend Date

1/30/2024

 

4/29/2024

 

7/31/2024

 

10/31/2024

 

 

 

 

Payable Date

2/15/2024

 

5/15/2024

 

8/15/2024

 

11/15/2024

 

 

 

 

Total Distribution Per Share

$0.260000

 

$0.275000

 

$0.275000

 

$0.275000

 

$1.085000

 

 

Amount Included In Shareholders' 2024 Income

$0.260000

 

$0.275000

 

$0.275000

 

$0.275000

 

$1.085000

 

 

Box 1a

$0.258163

 

$0.273057

 

$0.273057

 

$0.273057

 

$1.077334

 

99.29%

Total Ordinary Dividends

Box 2a

$0.001837

 

$0.001943

 

$0.001943

 

$0.001943

 

$0.007666

 

0.71%

Total Capital Gain Distributions

Box 5

$0.258163

$0.273057

$0.273057

$0.273057

$1.077334

Section 199A Dividends

About Tanger®

Tanger Inc. (NYSE: SKT) is a leading owner and operator of outlet and open-air retail shopping destinations, with over 44 years of expertise in the retail and outlet shopping industries. Tanger's portfolio of 38 outlet centers, one adjacent managed center, and two open-air lifestyle centers comprises over 15 million square feet well positioned across tourist destinations and vibrant markets in 21 U.S. states and Canada. A publicly traded REIT since 1993, Tanger continues to innovate the retail experience for its shoppers with over 3,000 stores operated by more than 700 different brand name companies. For more information on Tanger, call 1-800-4TANGER or visit www.tanger.com.

Investor Contact

Doug McDonald

SVP, Treasurer and Investments

T: (336) 856-6066

TangerIR@tanger.com

Source: Tanger

FAQ

What is the total dividend distribution per share for Tanger (SKT) in 2024?

Tanger's total dividend distribution per share for 2024 is $1.085, paid in four installments throughout the year.

How are Tanger's (SKT) 2024 dividends classified for tax purposes?

Tanger's 2024 dividends are classified as 99.29% ordinary income and 0.71% capital gain distribution.

What are the dividend payment dates for Tanger (SKT) in 2024?

Tanger's dividends are payable on February 15, May 15, August 15, and November 15, 2024.

How much is Tanger's (SKT) quarterly dividend payment in 2024?

Tanger's quarterly dividend starts at $0.26 for Q1 and increases to $0.275 for Q2, Q3, and Q4 of 2024.

What amount of Tanger's (SKT) 2024 dividends qualifies as Section 199A dividends?

The amount qualifying as Section 199A dividends is $1.077334, which matches the ordinary dividend amount.

Tanger Inc.

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