Tanger Factory Outlet Centers (SKT) Raises Quarterly Dividend 18.8% to $0.285; 3.2% Yield
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Tanger Increases Dividend 18.8%
April 1, 2015 4:05 PM EDTGREENSBORO, N.C., April 1, 2015 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE: SKT) announced today that its Board of Directors approved an 18.8% increase in the annual dividend on its common shares from $0.96 per share to $1.14 per share. Simultaneously, the Board of Directors declared a quarterly dividend of $0.285 for the first quarter ended March 31, 2015. This cash dividend will be payable on May 15, 2015 to holders of record on April 30, 2015.
"We are pleased to announce our 22nd consecutive annual dividend increase to our shareholders. The above average percentage increase in our dividend is... More
