Tanger Declares Dividend Payable February 15, 2023

GREENSBORO, N.C., Jan. 19, 2023 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE: SKT), a leading operator of upscale open-air outlet centers, announced today that its Board of Directors declared a quarterly cash dividend of $0.22 per share, payable on February 15, 2023 to common shareholders of record on January 31, 2023.

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) and/or manages a portfolio of 36 centers with an additional center currently under development. Tanger's operating properties are located in 20 states and in Canada, totaling approximately 13.9 million square feet, leased to over 2,700 stores operated by more than 600 different brand name companies. The Company has more than 42 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 ContactDoug McDonaldSVP, Finance and Capital MarketsT: (336) 856-6066[email protected]

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SOURCE Tanger Factory Outlet Centers, Inc.