GREENSBORO, N.C., Jan. 23,
2024 /PRNewswire/ -- Tanger Inc. (NYSE: SKT)
announced today that its 2023 dividend distributions should be
treated as follows for income tax purposes.
Common Shares: 87.26% as ordinary income and 12.74% as return of
capital
Detailed information regarding each distribution for 2023 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 Inc. - Common
Stock (Symbol SKT) (CUSIP No. 875465106)
|
|
|
|
|
|
|
Totals
|
% of
Annual
Total
|
|
Record Date
|
1/31/2023
|
4/28/2023
|
7/31/2023
|
10/31/2023
|
|
|
|
Ex-Dividend
Date
|
1/30/2023
|
4/27/2023
|
7/28/2023
|
10/30/2023
|
|
|
|
Payable Date
|
2/15/2023
|
5/15/2023
|
8/15/2023
|
11/15/2023
|
|
|
|
Total
Distribution
Per Share
|
$0.220000
|
$0.245000
|
$0.245000
|
$0.260000
|
$0.970000
|
|
|
Amount Included
In
Shareholders' 2023 Income
|
$0.220000
|
$0.245000
|
$0.245000
|
$0.260000
|
$0.970000
|
|
|
Box 1a
Total Ordinary Dividends
|
$0.191972
|
$0.213787
|
$0.213787
|
$0.226876
|
$0.846422
|
87.26 %
|
|
Box 3
Non Dividend
Distributions
|
$0.028028
|
$0.031213
|
$0.031213
|
$0.033124
|
$0.123578
|
12.74 %
|
|
Box 5
Section 199A
Dividends
|
$0.191972
|
$0.213787
|
$0.213787
|
$0.226876
|
$0.846422
|
|
About Tanger®
Tanger Inc. (NYSE: SKT) is a leading owner and operator of
outlet and open-air retail shopping destinations, with over 43
years of expertise in the retail and outlet shopping industries.
Tanger's portfolio of 38 outlet centers and one open-air lifestyle
center comprises over 15 million square feet well positioned across
tourist destinations and vibrant markets in 20 U.S. states and
Canada. A publicly traded REIT
since 1993, Tanger continues to innovate the retail experience for
its shoppers with over 3,000 stores operated by more than 700
different brand name companies. For more information on Tanger,
call 1-800-4TANGER or visit the Company's website
at www.tanger.com.
Investor Contact
Doug McDonald
SVP, Finance and Capital Markets
T: (336) 856-6066
tangerir@tanger.com
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SOURCE Tanger