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The Company's Board of Directors also declared a dividend of $0.46875 per share on its 3,000,000 7.5% Class C Preferred Shares. A cash dividend of $0.46875 per Preferred Share will be payable on November 16, 2009 to holders of record on October 30, 2009.
Tanger Factory Outlet Centers, Inc. (NYSE:SKT), a fully integrated, self-administered and self-managed publicly traded REIT, presently owns and operates 31 outlet centers in 22 states coast to coast, totaling approximately 9.2 million square feet of gross leasable area. Tanger also manages for a fee and owns an interest in two outlet centers containing approximately 950,000 square feet.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Tanger Factory Outlet Centers, Inc.
CONTACT: Tanger Factory Outlet Centers, Inc. Frank C. Marchisello (336) 834-6834
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