Taubman Centers (TCO) Declares $0.595 Quarterly Dividend; 3.3% Yield
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Taubman Centers Declares Common and Preferred Dividends
December 2, 2016 8:30 AM ESTBLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)-- The Board of Directors of Taubman Centers, Inc. (NYSE: TCO) today declared a regular quarterly dividend of $0.595 per share of common stock. The common dividend is payable Dec. 30, 2016, to shareholders of record on Dec. 15, 2016.
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 Dec. 30, 2016, to shareholders of record on Dec. 15, 2016.
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