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Tanger Factory Outlet Centers Inc (SKT.N)

SKT.N on New York Stock Exchange

23.66USD
20 Jul 2018
Change (% chg)

$-0.07 (-0.29%)
Prev Close
$23.73
Open
$23.65
Day's High
$23.74
Day's Low
$23.35
Volume
369,475
Avg. Vol
378,927
52-wk High
$27.88
52-wk Low
$19.90

Latest Key Developments (Source: Significant Developments)

Tanger Increases Annual Dividend To $1.40 Per Share
Thursday, 12 Apr 2018 

April 12 (Reuters) - Tanger Factory Outlet Centers Inc ::TANGER INCREASES DIVIDEND FOR 25TH CONSECUTIVE YEAR; CONTINUES SHARE REPURCHASE PROGRAM.APPROVED A 2.2% INCREASE IN ANNUAL DIVIDEND ON ITS COMMON SHARES FROM $1.37 PER SHARE TO $1.40 PER SHARE.  Full Article

Tanger reports Q3 adjusted FFO per share $0.63
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Tanger Factory Outlet Centers Inc ::Tanger reports third quarter 2017 results.Q3 adjusted FFO per share $0.63.Tanger Factory Outlet Centers Inc - qtrly ‍affo available to common shareholders $0.63 per share.Tanger Factory Outlet Centers Inc - ‍revising its net income, FFO and AFFO per share guidance for 2017​.Tanger Factory Outlet Centers Inc - sees ‍for year ended December 31, 2017 diluted FFO per share between $2.05 and $2.09​.  Full Article

Tanger Q4 adjusted FFO per share $0.61
Tuesday, 14 Feb 2017 

Tanger Factory Outlet Centers Inc : Tanger reports year-end results for 2016 . Q4 adjusted FFO per share $0.61 . Tanger Factory Outlet Centers Inc says expects 2017 same center noi growth between 2 pct and 3 pct for consolidated portfolio . Tanger Factory Outlet Centers Inc - qtrly adjusted funds from operations per share $0.61 . Tanger Factory Outlet Centers Inc - company expects 2017 same center noi growth between 2 pct and 3 pct for consolidated portfolio . Q4 FFO per share view $0.61 -- Thomson Reuters I/B/E/S . Company expects 2017 same center noi growth between 2 pct and 3 pct for consolidated portfolio . Tanger Factory Outlet Centers Inc- estimated diluted FFO per share $2.41 -$2.47 for 2017 .Fy2017 FFO per share view $2.47 -- Thomson Reuters I/B/E/S.  Full Article

Tanger says prices $100 mln of senior notes due 2026
Wednesday, 5 Oct 2016 

Tanger Factory Outlet Centers Inc : Upon closing of offering of new notes, aggregate principal amount outstanding of 3.125% senior notes due 2026 will be $350 million . Tanger prices $100 million 3.125% senior notes due 2026 .Tanger factory outlet centers inc says new notes were priced at 98.962% of principal amount to yield 3.248% to maturity.  Full Article

Tanger acquires 100 pct ownership of its outlets located in Georgia Market
Monday, 15 Aug 2016 

Tanger Factory Outlet Centers Inc : Contributed $15 million in cash consideration to joint venture with borrowings under its unsecured lines of credit . Tanger acquires 100% ownership of tanger outlets located in the greater savannah, georgia market . Tanger paid a capitalization rate of approximately 5.9% based on a valuation of $197 million for outlet center . Expects transaction to be about neutral to 2016 funds from operations (ffo) per share, excluding acquisition costs .Joint venture is now wholly-owned and will be consolidated in company's financial results as of acquisition date.  Full Article

Tanger prices offering of senior notes due 2026
Monday, 1 Aug 2016 

Tanger Factory Outlet Centers Inc : Tanger prices $250 million 3.125% senior notes due 2026 . Estimated net proceeds from offering, after deducting underwriting discount and offering expenses, expected to be about $246.7 million . Notes will pay interest semi-annually at a rate of 3.125% per annum and mature on September 1, 2026 .Notes were priced at 99.605% of principal amount to yield 3.171% to maturity.  Full Article

Tanger announces public offering of senior notes due 2026
Monday, 1 Aug 2016 

Tanger Factory Outlet Centers Inc : Tanger announces public offering of senior notes due 2026 .Intends to use net proceeds from sale of notes to repay a $62.0 million floating rate mortgage loan.  Full Article

BRIEF-Tanger Factory Outlet Centers Q1 FFO Per Share $0.60

* FY2018 FFO PER SHARE VIEW $2.46 -- THOMSON REUTERS I/B/E/S Source text for Eikon: Further company coverage: