Greensboro NC Outlets

/PRNewswire/ - Tanger Factory Outlet Centers, Inc. (NYSE: SKT) revealed these days that its Board of Directors approved a unique dividend of $0.21 per share becoming paid on, 2015. The amount of the special dividend, which will be a 2015 circulation for income tax purposes, is in range with the organization's formerly revealed objectives. This unique dividend, coupled with regular quarterly dividends paid in 2015, represents a 38.1percent increase on the regular quarterly dividends paid in 2014.

Tanger's work to execute its taxation deferral method is ongoing. A number of the asset product sales profits may are held with a qualified intermediary and/or a trade accommodation titleholder to facilitate tax efficient reinvestment. Effective execution of the strategy in addition to real quantity of taxation gains in the end deferred, if any, is dependent on a number of aspects, a few of which the company does not get a handle on. Any continues maybe not deferred works extremely well the repayment of one more unique dividend, if required.

About Tanger Factory Outlet Facilities, Inc.
Tanger Factory Outlet Centers, Inc. is a publicly-traded REIT based for the reason that currently operates and has, or features an ownership fascination with, a profile of 43 upscale outlet shopping malls in 22 states coast to coast and in, totaling roughly 14.5 million square feet rented to over 3, 100 stores operated by a lot more than 500 various brand companies. With over 34 several years of expertise in the socket business and 2 extra centers at this time under construction, Tanger Outlet Centers continue to entice more than 185 million shoppers yearly. To learn more about Tanger Outlet Centers, phone 1-800-4TANGER or look at the business's site at www.tangeroutlets.com.