SKT Stock Recent News

Achieves 10th Consecutive Quarter of Positive Rent Spreads Successfully Executing on Tenant Diversification and Re-merchandising Strategy Balance Sheet Remains Well Positioned GREENSBORO, N.C. , Aug. 1, 2024 /PRNewswire/ -- Tanger® (NYSE:SKT), a leading owner and operator of outlet and open-air retail shopping destinations, today reported financial results and operating metrics for the three and six months ended June 30, 2024.

GREENSBORO, N.C. , July 16, 2024 /PRNewswire/ -- Tanger®  (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that its Board of Directors declared a quarterly cash dividend of $0.275 per share, payable on August 15, 2024 to common shareholders of record on July 31, 2024.

Tanger Inc. offers strong value for passive income investors with robust same center net operating income growth and high shopping center occupancy. The trust has low FFO multiple, positive rental spreads, and upcoming lease expirations that could lead to growth in net operating income and funds from operations. Tanger's dividend has increased by 6% in April, with potential for further growth due to re-leasing efforts and strong rental spreads.

GREENSBORO, N.C. , June 6, 2024 /PRNewswire/ --  Tanger®  (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, has been recognized by Nareit, the National Association of Real Estate Investment Trusts, with the 2024 Nareit Investor CARE (Communications and Reporting Excellence) Gold Award in the Small Cap Equity REIT category.

Prestige beauty brand will open five stores in Tanger shopping centers later this year, growing and elevating Tanger's beauty and wellness offerings GREENSBORO, N.C. , June 3, 2024 /PRNewswire/ --  Tanger®  (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, will bring five additional Sephora stores to its shopping centers this year, significantly advancing Tanger's offerings in the beauty and wellness category.

Report highlights Tanger's progress toward established goals and continued commitment to a healthier and more sustainable future GREENSBORO, N.C. , May 30, 2024 /PRNewswire/ --  Tanger®  (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, has released its 2023 Environmental, Social, and Governance (ESG) Report for the annual period ending December 31, 2023.

In collaboration with ATX Medical Solutions, SKT launches X Caliber in Australia, which has one of the highest rates of pet ownership in the world SKT also inked a commercial contract with MEDIVET Pet Hospital & Clinic to offer X Caliber in Indonesia. SEOUL, South Korea , May 28, 2024 /PRNewswire/ -- SK Telecom (NYSE:SKM, "SKT") today announced that it officially launched its AI-based veterinary X-ray image diagnosis assistance service 'X Caliber' in Australia.

GREENSBORO, N.C. , May 28, 2024 /PRNewswire/ -- Tanger® (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that it will participate in Nareit's REITweek 2024 Investor Conference from June 4 through June 6, 2024.

GREENSBORO, N.C. , May 23, 2024 /PRNewswire/ -- Tanger® (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, announced today that its financial results for the quarter ended June 30, 2024 will be released on Thursday, August 1, 2024 after the market close.

Tanger (SKT) came out with quarterly funds from operations (FFO) of $0.52 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to FFO of $0.46 per share a year ago.