SKT

Tanger's stock has been impacted by several events in the past six months. The company reported strong first-quarter 2026 results, increasing its full-year guidance, which contributed to a 26% return over the past year. Tanger announced a 7% increase in its quarterly dividend, raising the annualized dividend to $1.25 per share. There was a board leadership transition, with Steven B. Tanger retiring as Chair and Luis A. Ubiñas succeeding him. Tanger was honored with Nareit's 2026 Leader in the Light Award for Transparency. The company completed significant financing, including $550 million of term loans and $250 million of exchangeable senior notes, enhancing its liquidity to over $1.0 billion.