- Headquarters: Greensboro, NC
- CEO: Steven B Tanger
- Founder: Stanley Tanger
- Founded: 1981
- tangeroutlet.com
Div/yield 0.34/5.94
Annualized dividend $ 1.37
Ex Dividend Date 10/30/2017
Dividend Payment Date 11/15/2017
GREENSBORO, N.C., Oct. 5, 2017 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (SKT), announced today that its Board of Directors declared a quarterly dividend of $0.3425 per share for the third quarter ending September 30, 2017. A cash dividend of $0.3425 per share will be payable on November 15, 2017 to holders of record on October 31, 2017.
Since becoming a public company in May 1993, the company has paid a cash dividend each quarter and has increased its dividend each year.
About Tanger Factory Outlet Centers
Tanger Factory Outlet Centers, Inc. (SKT), is a publicly-traded REIT headquartered in Greensboro, North Carolina that presently operates and owns, or has an ownership interest in, a portfolio of 43 upscale outlet shopping centers and one additional center currently under construction. Tanger's operating properties are located in 22 states coast to coast and in Canada, totaling approximately 14.9 million square feet, leased to over 3,100 stores which are operated by more than 500 different brand name companies.
Key stats and ratios
| Q2 (Jun '17) | 2016 | |
| Net profit margin | 23.89% | 41.53% |
| Operating margin | 31.85% | 32.47% |
| EBITD margin | - | 57.34% |
| Return on average assets | 4.52% | 7.99% |
| Return on average equity | 18.07% | 30.81% |
| Employees | 297 |
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