Tanger Factory Outlet Centers (SKT) DRIP

DRIP Plan Highlights
Enrollment
Please note: This DRIP does not allow initial investments by non-shareholders. Only existing shareholders may enroll in this DRIP.
Minimum shares required to enroll			1 Share
Purchases
Minimum purchase			$50
Maximum purchase			$120,000
Fees
Account Setup Fee			None
Automatic Investment Fee			$2.50
Optional Cash Purchase			$5.00
Reinvestment Fee			None
Sale Fee			$15.00
Company Web Site			http://www.tangeroutlet.com
Additional Plan Information			Agent Site

Tanger Factory Outlet Centers DRIP Details:
Tanger Factory Outlet Centers is a real estate investment trust that operates outlet shopping centers in the US and Cananda. The Tanger Factory Outlet Centers Dividend Reinvestment Plan offers a poor holding vehicle for your Tanger Factory Outlet Centers investment unless you already own shares. For investors without an existing investment in Tanger, a low cost brokerage such as Sharebuilder would be your lowest cost holding vehicle for your SKT investment.
Pros:
No account setup fee
No dividend reinvestment fees
Cons:
Requires 1 share to enroll
Above average sales fee