$SKT (Tanger Factory Outlet Centers Inc.)

$SKT {{ '2015-12-11T11:09:08+0000' | timeago}} • Announcement

$SKT said its BoD approved a special dividend of $0.21 per share to be paid on Jan. 15, 2016 to holders of record on Dec. 31, 2015. This special dividend, combined with regular quarterly dividends paid in 2015, represents a 38.1% increase over the regular quarterly dividends paid in 2014.

$SKT {{ '2018-01-11T17:02:33+0000' | timeago}} • Announcement

$SKT declared a quarterly dividend of $0.3425 per share for 4Q17, payable on February 15, 2018 to holders of record on January 31, 2018.

$SKT {{ '2018-01-11T13:48:39+0000' | timeago}} • Announcement

$SKT BoD declared a quarterly dividend of $0.3425 per share for 4Q17. The dividend will be payable on Feb. 15, 2018 to holders of record on Jan. 31, 2018.

$SKT {{ '2017-10-05T13:46:13+0000' | timeago}} • Announcement

$SKT's BoD declared a 3Q17 dividend of $0.3425 per share. A dividend will be payable on Nov. 15, 2017 to shareholders of record on Oct. 31, 2017.

$SKT {{ '2017-07-06T13:17:07+0000' | timeago}} • Announcement

$SKT declared a quarterly dividend of $0.3425 per share for the second quarter ending June 30, 2017. The dividend will be payable on August 15, 2017 to holders as on July 31, 2017.

$SKT {{ '2017-07-03T19:38:48+0000' | timeago}} • Announcement

$SKT said Tanger Properties Limited Partnership has completed a public offering of $300MM of 3.875% senior notes due 2027. The notes will pay interest semi-annually at a rate of 3.875% per annum and mature on July 15, 2027. Net proceeds will be used to redeem its 6.125% senior notes due 2020, approx $300MM in aggregate principal amount outstanding.

$SKT {{ '2017-06-28T20:44:40+0000' | timeago}} • Announcement

$SKT's operating partnership, Tanger Properties Limited Partnership agreed to sell $300MM of 3.875% senior notes due 2027 in an underwritten public offering. Tanger intends to use the net proceeds of $295.9MM from the sale of the notes, together with borrowings under its unsecured lines of credit, to redeem all of its 6.125% senior notes due 2020.

$SKT {{ '2017-05-19T20:43:46+0000' | timeago}} • Announcement

$SKT's shareholders elected directors Thomas Reddin, William Benton, Jeffrey Citrin, David Henry, Thomas Robinson, Bridget Ryan-Berman, Allan Schuman and Steven Tanger to serve until the 2018 annual meeting.

$SKT {{ '2017-05-19T17:57:03+0000' | timeago}} • Announcement

$SKT promoted Thomas McDonough to President and COO, effective immediately. McDonough previously held the position of EVP and COO, and joined the company as EVP of Operations. He will continue to report to CEO Steven Tanger.

$SKT {{ '2017-05-19T13:26:34+0000' | timeago}} • Announcement

$SKT announced the authorization of a $125MM share repurchase plan and the sale of Tanger's outlet center located in Westbrook, Connecticut. Tanger expects to record a gain of approx $6.6MM on the sale of the Westbrook outlet center during 2Q17. Tanger also expects a net accretive effect on 2017 EPS of approx $0.04.

$SKT {{ '2017-04-06T12:49:11+0000' | timeago}} • Announcement

Outlet mall company $SKT increased its annual dividend by 5.4% to $1.37 per share from $1.30. For 1Q17, the BoD declared a quarterly dividend of $0.3425 per share, payable on May 15, 2017 to holders of record on April 28, 2017.

$SKT {{ '2017-02-14T23:04:56+0000' | timeago}} • Announcement

For FY17, $SKT expects diluted net income per share in the range of $1.02-1.08, and diluted FFO per share in the range of $2.41-2.47. $SKT expects 2017 same center NOI growth between 2% and 3% for the consolidated portfolio, reflecting planned re-merchandising at a number of its centers.

$SKT {{ '2017-02-14T22:57:33+0000' | timeago}} • Announcement

Publicly-traded REIT $SKT reported a decline in 4Q16 earnings, hurt by higher expenses, despite increased revenue. Net income for the quarter declined 77.74% to $23.79MM or $0.25 per diluted share from $106.93MM or $1.13 per diluted share a year ago. Revenue rose 10.42% to $124.55MM.

$SKT {{ '2017-01-06T15:01:19+0000' | timeago}} • Announcement

$SKT's BoD declared 4Q16 cash dividend of $0.325 per share. The dividend is payable on Feb. 15, 2017 to shareholders of record on Jan. 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.

$SKT {{ '2016-10-13T21:16:02+0000' | timeago}} • Announcement

$SKT said the net proceeds from the public offering, after deducting the underwriting discount and offering expenses, were about $97.8MM. The company intends to use the net proceeds from the sale of the notes to repay borrowings under its unsecured lines of credit, and for general corporate purposes.

$SKT {{ '2016-10-13T21:15:43+0000' | timeago}} • Announcement

$SKT's operating partnership, Tanger Properties Limited Partnership, has completed a public offering of an additional $100MM of 3.125% senior notes due 2026 in an underwritten public offering. BofA ML, US Bancorp, Jefferies, SunTrust Robinson Humphrey and Wells Fargo Securities were the joint book-running managers.

$SKT {{ '2016-10-06T21:02:03+0000' | timeago}} • Announcement

The BoD of $SKT declared a quarterly cash dividend of $0.325 per share for its 3Q16 period. This dividend is payable on November 15, 2016, to shareholders of record on October 31, 2016.

$SKT {{ '2016-10-06T12:00:21+0000' | timeago}} • Announcement

$SKT's operating partnership, Tanger Properties Limited Partnership, agreed to sell additional $100MM of its 3.125% senior notes due 2026 in an underwritten public offering. The net proceeds are expected to be about $97.8MM. The closing of the sale of notes is expected to occur on Oct. 13, 2016.

$SKT {{ '2016-08-15T12:19:02+0000' | timeago}} • Announcement

$SKT said it now owns 100% of Tanger Outlets Savannah after the redemption of its partner's ownership interest on Aug. 12, 2016. Tanger Outlets Savannah is an upscale 420,000 square foot outlet shopping destination located in Pooler, Georgia adjacent to the Savannah International Airport.

$SKT {{ '2016-08-08T17:53:57+0000' | timeago}} • Announcement

Real estate company $SKT said its operating partnership, Tanger Properties Limited Partnership, has completed a public offering of $250MM of 3.125% senior notes due 2026. The notes will pay interest semi-annually at a rate of 3.125% per annum and mature on Sept. 1, 2026.The net proceeds from the offering, excluding expenses, were about $246.7MM.

$SKT {{ '2016-08-02T10:51:00+0000' | timeago}} • Announcement

$SKT said the estimated net proceeds from the offering, after deducting the underwriting discount and offering expenses, are expected to be about $246.7MM. Closing of the sale of the notes is expected to occur on Aug. 8, 2016.

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