Tanger Factory Outlet Centers, Inc. (SKT) Ex-Dividend Date Scheduled for April 26, 2013

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Tanger Factory Outlet Centers, Inc. ( SKT ) will begin trading ex-dividend on April 26, 2013. A cash dividend payment of $0.225 per share is scheduled to be paid on May 15, 2013. Shareholders who purchased SKT stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 7.14% increase over the prior quarter. At the current stock price of $37.03, the dividend yield is 2.43%.

The previous trading day's last sale of SKT was $37.03, representing a -2.37% decrease from the 52 week high of $37.93 and a 23.72% increase over the 52 week low of $29.93.

SKT is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). SKT's current earnings per share, an indicator of a company's profitability, is $.56. Zacks Investment Research reports SKT's forecasted earnings growth in 2013 as 10.29%, compared to an industry average of 2%.


For more information on the declaration, record and payment dates, visit the SKT Dividend History page.

Interested in gaining exposure to SKT through an Exchange Traded Fund [ETF]?
The following ETF(s) have SKT as a top-10 holding:

  • PowerShares Exchange-Traded Fund Trust II PowerShares S&P Smal ( PSCF )
  • PowerShares S&P SmallCap Low Volatility Portfolio ( XSLV )
  • PowerShares DWA Technical Leaders Portfolio ( PDP )
  • iShares Morningstar Small Growth Index Fund ( JKK )
  • SPDR S&P 600 Small Cap ETF (based on S&P SmallCap 600 Index -- ( SLY ).

The top-performing ETF of this group is PSCF with an increase of 15.52% over the last 100 days. It also has the highest percent weighting of SKT at 2.92%.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.




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