Taubman Centers (TCO) Declares $0.625 Quarterly Dividend; 4.2% Yield

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Go back to Taubman Centers (TCO) Declares $0.625 Quarterly Dividend; 4.2% Yield

Taubman Centers Declares Common and Preferred Dividends

June 1, 2017 4:14 PM EDT

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)-- The Board of Directors of Taubman Centers, Inc. (NYSE: TCO) today declared a regular quarterly dividend of $0.625 per share of common stock. The common dividend is payable June 30, 2017, to shareholders of record on June 15, 2017.

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 June 30, 2017, to shareholders of record on June 15, 2017.

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