BOSTON (Thomson Financial) - Tanger Factory Outlet Centers Inc. Thursday
said its board approved a 5.56% increase in the annual dividend on its common
shares to $1.52 from $1.44 a share.
Additionally, the board declared a quarterly dividend of 38 cents a share
for the first quarter ended March 31. The cash dividend will be payable May 15
to holders of record on April 30.
Shares of the Greensboro, N.C.-based real estate investment trust closed
Wednesday at $40.83.
Casey Logan
cl/vj
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