Tanger Outlets announced that its Board of Directors approved a 6.1% increase in the dividend on its common shares from 98c to $1.04 per share on an annualized basis. Simultaneously, the Board of Directors declared a quarterly cash dividend of 26c per share, payable on November 15 to common shareholders of record on October 31.
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Read More on SKT:
- Tanger Increases Dividend by 6.1%
- Tanger Factory upgraded to Neutral from Underweight at JPMorgan
- Tanger Factory names Jessica Norman as EVP and General Counsel
- Tanger Factory price target raised to $20 from $18.50 at BofA
- Tanger Factory downgraded to Neutral from Buy at Goldman Sachs
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