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Tanger hikes dividend by 6.8%

Tanger Inc (SKT) hikes dividend by 6.8% to $0.3125 quarterly per share in 2026.

Tanger hikes dividend by 6.4%

 Tanger Inc. (NYSE: SKT), formerly known as Tanger Factory Outlet Centers, has announced a 6.4% increase in its quarterly dividend. The new dividend will be $0.2925 per share, up from $0.275 per share, bringing the annualized dividend to $1.17 per share. The dividend will be paid on May 15, 2025, to shareholders of record on April 30, 2025. Tanger Inc., a Real Estate Investment Trust (REIT) headquartered in Greensboro, North Carolina, owns and operates a portfolio of upscale outlet shopping centers. The company’s properties span over 16 million square feet across 38 outlet centers, one adjacent managed center, and three open-air lifestyle centers. These locations are strategically positioned in 21 U.S. states and Canada, primarily in tourist destinations and vibrant markets. Since becoming a public company in May 1993, Tanger has consistently paid quarterly dividends, with an unbroken record of dividend increases until the brief suspension in 2020 due to the COVID-19 pandemic, whic...

Tanger Factory Outlet Centers hikes dividend by 10%

On October 11, 2022, Tanger Factory Outlet Centers (SKT) announced its second dividend hike this year with a new quarterly dividend of 22 cents per share (+10%). This brings the total dividend growth for 2022 to 20.5% for the REIT. The next SKT dividend is payable on November 15, 2022 to common shareholders of record on October 31, 2022. A new annual dividend rate of $0.88 per share will yield 5.5% at a stock price of $16.34 for Tanger Factory Outlet Centers.  Tanger Factory Outlet Centers, Inc. is a REIT headquartered in Greensboro, North Carolina that operates and owns, or has an ownership interest in, a portfolio of upscale outlet shopping centers. Tanger's operating properties are located in more than 20 states coast to coast and in Canada. Since becoming a public company in May 1993, the company had paid a cash dividend each quarter and has increased its dividend each year. In 2020 the dividend was suspended because of the COVID-19 pandemic, ending a record of 27 consecutive y...

Tanger Factory Outlet hikes dividend by 9.6%

Tanger Factory Outlet Centers (SKT) will hike its quarterly dividend by 9.6 percent to 20 cents per share in 2022. This comes after a dividend hike of 2.8 percent to 18.25 cents per share in 2021, following SKT's reinstated quarterly dividend at a lower level of 17.75 cents earlier in 2021. In 2020 SKT had suspended its quarterly dividend because of the COVID-19 pandemic, ending 27 consecutive years of dividend growth. The next SKT dividend is payable on May 13, 2022, to common shareholders of record on April 29, 2022.  A new annual dividend rate of $0.80 per share will yield 4.7% at a stock price of $17.09 for Tanger Factory Outlet Centers.  Tanger Factory Outlet Centers will now pay an estimated annual dividend rate of $83 million to shareholders. In 2020, before the COVID-19 pandemic, the REIT raised its quarterly dividend by 0.7 percent to $.3575 per share in the first quarter of 2020, marking the 27th consecutive year of dividend increases at the time. Tanger Factory...

Tanger Factory Outlet hikes dividend by 2.8%

Tanger Factory Outlet Centers (SKT) will hike its quarterly dividend by 2.8 percent to 18.25 cents per share. Earlier this year SKT reinstated its quarterly dividend at a lower level of 17.75 cents. Last year the company suspended its quarterly dividend because of the COVID-19 pandemic.  The next SKT dividend will be payable on November 15, 2021 to common shareholders of record on October 29, 2021. A new annual dividend rate of approximately 73 cents per share will yield 4.2% at a stock price of $17.50 for Tanger Factory Outlet Centers.  Tanger Factory Outlet Centers will now pay an estimated annual dividend rate of $76 million to shareholders. In 2020, before the COVID-19 pandemic, the REIT raised its quarterly dividend by 0.7 percent to $.3575 per share in the first quarter of 2020, marking the 27th consecutive year of dividend increases at the time. Tanger Factory Outlet Centers, Inc. is a REIT headquartered in Greensboro, North Carolina that operates and owns, or has an ow...

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