Taubman Centers (TCO) Declares $0.655 Quarterly Dividend; 4.8% Yield

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Go back to Taubman Centers (TCO) Declares $0.655 Quarterly Dividend; 4.8% Yield

Taubman Centers Declares Common and Preferred Dividends

May 31, 2018 3:30 PM EDT

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)-- Taubman Centers, Inc. (NYSE: TCO) today declared a regular quarterly dividend of $0.655 per share of common stock. The common dividend is payable June 29, 2018, to shareholders of record on June 15, 2018.

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 29, 2018, to shareholders of record on June 15, 2018.

About Taubman

Taubman Centers is an S&P MidCap 400 Real... More