Tanger Declares Dividend For Fourth Quarter 2014

GREENSBORO, N.C., Jan. 8, 2015 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. SKT, announced today that its Board of Directors declared a quarterly dividend of $0.24 per share for the fourth quarter ending December 31, 2014.  A cash dividend of $0.24 per share will be payable on February 13, 2015 to holders of record on January 30, 2015.

Since becoming a public company in May 1993, the company has paid a cash dividend each quarter and has increased its dividend each year.

About Tanger Factory Outlet Centers

Tanger Factory Outlet Centers, Inc. is a publicly-traded REIT headquartered in Greensboro, North Carolina that operates and owns, or has an ownership interest in, a portfolio of 46 upscale outlet shopping centers in 26 states coast to coast and in Canada, totaling approximately 14.3 million square feet leased to over 3,000 stores operated by more than 480 different brand name companies. More than 185 million shoppers visit Tanger Factory Outlet Centers annually. For more information on Tanger Outlet Centers, call 1-800-4TANGER or visit the company's web site at www.tangeroutlets.com.

CONTACT:
Frank C. Marchisello
Executive Vice President and CFO 
(336) 834-6834

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SOURCE Tanger Factory Outlet Centers, Inc.