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TANGER Increases Dividend Payable November 15, 2021

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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.
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  • None.

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 2.8% increase in the dividend on its common shares to $0.73 from $0.71 per share on an annualized basis. Simultaneously, the Board of Directors declared a quarterly cash dividend of $0.1825 per share, payable on November 15, 2021 to common shareholders of record on October 29, 2021.

Tanger Outlets. (PRNewsFoto/Tanger Factory Outlet Centers, Inc.)

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

cyndi.holt@tangeroutlets.com    

jim.williams@tangeroutlets.com



Media Contact Information


CorporateCommunications@tangeroutlets.com


 

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SOURCE Tanger Factory Outlet Centers, Inc.

Tanger Inc.

NYSE:SKT

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3.83B
108.12M
2.31%
89.29%
2.95%
REIT - Retail
Real Estate Investment Trusts
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United States of America
GREENSBORO