Tanger Factory Outlet Centers (SKT) Declares $0.21 Special Dividend; 0.7% Yield

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Go back to Tanger Factory Outlet Centers (SKT) Declares $0.21 Special Dividend; 0.7% Yield

Tanger Declares Special Dividend

December 10, 2015 4:15 PM EST

GREENSBORO, N.C., Dec. 10, 2015 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE: SKT) announced today that its Board of Directors approved a special dividend of $0.21 per share to be paid on January 15, 2016 to holders of record on December 31, 2015. The amount of the special dividend, which will be a 2015 distribution for tax purposes, is in line with the company's previously announced expectations. This special dividend, combined with regular quarterly dividends paid in 2015, represents a 38.1% increase over the regular quarterly dividends paid in 2014.

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