Taubman Centers, Inc. (TCO) Raises Quarterly Dividend 2.9% to $0.45; 2.9% Yield

Taubman Centers, Inc. (NYSE: TCO) declared a quarterly dividend of $0.45 per share, or $1.8 annualized. This is a 2.9% increase from the prior dividend of $0.4375.

The dividend will be payable on December 30, 2011, to stockholders of record on December 19, 2011, with an ex-dividend date of December 15, 2011.

The annual yield on the dividend is 2.9 percent.

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