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Tanger Factory Outlet Centers (SKT) will raise its quarterly dividend by 5.4 percent to $0.325 per share in 2017. This cash dividend will be payable on May 15, 2017 to holders of record on April 28, 2017.

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

Tanger Factory Outlet Centers, Inc. is a REIT headquartered in Greensboro, North Carolina that operates and owns, or has an ownership interest in, a portfolio of upscale outlet shopping centers. Tanger's operating properties are located in more than 20 states coast to coast and in Canada.