Tanger Declares Dividend For Second Quarter 2014

GREENSBORO, N.C., July 10, 2014 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE: SKT), announced today that its Board of Directors declared a quarterly dividend of $0.24 per share for the second quarter ending June 30, 2014. A cash dividend of $0.24 per share will be payable on August 15, 2014 to holders of record on July 30, 2014.

Tanger Outlets

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 44 upscale outlet shopping centers in 26 states coast to coast and in Canada, totaling approximately 13.3 million square feet leased to over 2,800 stores operated by more than 450 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.tangeroutlet.com.

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

SOURCE Tanger Factory Outlet Centers, Inc.