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Tanger Declares Dividend For Second Quarter 2018

GREENSBORO, N.C., July 12, 2018 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (SKT), announced today that its Board of Directors declared a quarterly dividend of $0.35 per share for the second quarter ending June 30, 2018. A cash dividend of $0.35 per share will be payable on August 15, 2018 to holders of record on July 31, 2018.

Since becoming a public company in May 1993, the company has paid a cash dividend each quarter and has increased its dividend each year.

Tanger Outlets. (PRNewsFoto/Tanger Factory Outlet Centers, Inc.)

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 44 upscale outlet shopping centers. Tanger's operating properties are located in 22 states coast to coast and in Canada, totaling approximately 15.3 million square feet, leased to over 3,100 stores which are operated by more than 500 different brand name companies. The Company has more than 37 years of experience in the outlet industry. Tanger Outlet Centers continue to attract more than 189 million shoppers annually. For more information on Tanger Outlet Centers, call 1-800-4TANGER or visit the Company's website at www.tangeroutlets.com.

Cyndi Holt
Vice President of Investor Relations
(336) 834-6892


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