tanger factory outlet centers inc skt said tuesday that it will raise its quarterly dividend by 114 to 245 cents a share from 22 cents the new dividend will be payable on may 15 to shareholders of record on april 28 based on monday’s closing price of 1946 the new annual dividend rate implies a dividend yield of 504 which compares with the implied yield for the sp 500 spx of 166 shares of the operator of openair outlet centers which were still inactive in premarket trading has advanced 85 year to date while the sp 500 has gained 70