GREENSBORO, N.C., Jan. 17,
2020 /PRNewswire/ -- Tanger Factory Outlet Centers,
Inc. (NYSE: SKT) announced today that its 2019
dividend distributions should be treated as follows for income tax
purposes.
Common Shares: 93.72% as ordinary income and 6.28% as return of
capital.
Detailed information regarding each distribution for 2019 is
below. Shareholders are encouraged to consult with their personal
tax advisors as to their specific tax treatment of the Company's
dividend distributions.
Tanger Factory Outlet Centers, Inc. - Common Stock (Symbol
SKT) (CUSIP No. 875465106)
Record
Date
|
1/31/19
|
4/30/19
|
7/31/19
|
10/31/19
|
|
Totals
|
%
of
Annual
Total
|
Ex-Dividend
Date
|
1/30/19
|
4/29/19
|
7/30/19
|
10/30/19
|
|
|
|
Payable
Date
|
2/15/19
|
5/15/19
|
8/15/19
|
11/15/19
|
|
|
|
|
|
|
|
|
|
|
|
Total
Distribution
Per Share
|
0.350000
|
0.355000
|
0.355000
|
0.355000
|
|
1.415000
|
|
|
|
|
|
|
|
|
|
Amount Included
In
Shareholders' 2019
Income
|
0.350000
|
0.355000
|
0.355000
|
0.355000
|
|
1.415000
|
|
|
|
|
|
|
|
|
|
Box 1a
Total Ordinary
Dividends
|
0.328020
|
0.332706
|
0.332706
|
0.332706
|
|
1.326138
|
93.72%
|
|
|
|
|
|
|
|
|
Box 3
Non Dividend
Distributions
|
0.021980
|
0.022294
|
0.022294
|
0.022294
|
|
0.088862
|
6.28%
|
|
|
|
|
|
|
|
|
Box 5
Section
199A
Dividends
|
0.328020
|
0.332706
|
0.332706
|
0.332706
|
|
1.326138
|
|
About Tanger Factory Outlet Centers, Inc.
Tanger Factory Outlet Centers, Inc.
(NYSE: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 39 upscale outlet shopping
centers. Tanger's operating properties are located in 20
states and in Canada, totaling
approximately 14.3 million square feet, leased to over 2,900 stores
which are operated by more than 540 different brand name companies.
The Company has more than 39 years of experience in the outlet
industry. Tanger Outlet Centers continue to attract more than 181
million visitors annually. For more information on Tanger Outlet
Centers, call 1-800-4TANGER or visit the Company's website at
www.tangeroutlets.com.
Contact:
Cyndi Holt
Vice President, Investor Relations
(336) 834-6892
cyndi.holt@tangeroutlets.com
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SOURCE Tanger Factory Outlet Centers, Inc.