Taubman Centers (TCO) Declares $0.565 Quarterly Dividend; 3.2% Yield
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Taubman Centers Declares Common and Preferred Dividends
December 3, 2015 8:55 AM ESTBLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)-- The Board of Directors of Taubman Centers, Inc. (NYSE: TCO) today declared a regular quarterly dividend of $0.565 per share of common stock. The common dividend is payable December 31, 2015, to shareholders of record on December 15, 2015.
The Board of Directors also declared quarterly dividends of $0.40625 on its 6.5% Series J Cumulative Preferred Shares (NYSE: TCO PR J) and $0.390625 on its 6.25% Series K Cumulative Preferred Shares (NYSE: TCO PR K). The preferred dividends will be payable December 31, 2015, to shareholders of record on December 15, 2015.
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