- Tanger Factory Outlet (NYSE:SKT) declares $0.1775/share dividend.
- Payable Feb. 12; for shareholders of record Jan. 29; ex-div Jan. 28.
- The Company intends to satisfy minimum taxable income distribution requirements to maintain its REIT status.
- "This dividend declaration reflects Tanger's strong liquidity position, with more than $80 million of cash on hand and $600 million of undrawn lines of credit, and the Board's confidence in our business, as demonstrated by the positive traffic and rent collections trends we recently reported," says Stephen Yalof, President and CEO.
- See SKT Dividend Scorecard, Yield Chart, & Dividend Growth.