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Tanger Declares Dividend Payable February 14, 2025

1. Tanger declared a quarterly cash dividend of $0.275 per share. 2. The dividend is payable on February 14, 2025. 3. Record date for shareholders is January 31, 2025. 4. Tanger operates 38 outlet centers across 21 states and Canada.

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FAQ

Why Bullish?

The declaration of a dividend typically signals financial stability, positively impacting investor sentiment, similar to historically strong dividends boosting stock prices.

How important is it?

Declaration of dividends is critical for REITs like Tanger, impacting stock attractiveness and investor decisions.

Why Short Term?

The immediate effect of a dividend declaration influences investor interest and stock price in the short term, as seen in previous cases.

Related Companies

Tanger Declares Dividend Payable February 14, 2025

GREENSBORO, N.C.--()--Tanger® (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that its Board of Directors declared a quarterly cash dividend of $0.275 per share, payable on February 14, 2025 to common shareholders of record on January 31, 2025.

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 includes 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.

Contacts

Investor Contact
Doug McDonald
SVP, Treasurer and Investments
T: (336) 856-6066
tangerir@tanger.com

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