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Stock impact report

Tanger Declares Increased Dividend

Tanger Factory Outlet Centers, Inc. (SKT) 
Last tanger factory outlet centers, inc. earnings: 10/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.tangeroutlet.com
Company Research Source: Business Wire
GREENSBORO, N.C.--(BUSINESS WIRE)--Tanger® (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that its Board of Directors approved a 6.4% increase in the dividend on its common shares from $1.10 to $1.17 per share on an annualized basis. Simultaneously, the Board of Directors declared a quarterly cash dividend of $0.2925 per share, payable on May 15, 2025 to common shareholders of record on April 30, 2025.“We are pleased to be increasing our dividend supported by our well-positioned balance sheet, low dividend payout ratio and strength of our operating platform,” said Stephen Yalof, President and Chief Executive Officer.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 three open-air lifestyle centers Show less Read more
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