BLOOMFIELD HILLS, Mich., Sept. 5, 2012 /PRNewswire/ -- The Board of Directors of Taubman Centers, Inc. (NYSE: TCO) today declared a regular quarterly dividend of $0.4625 per share of common stock. The common dividend is payable on September 28, 2012 to shareholders of record on September 17, 2012.
The Board of Directors also declared a quarterly dividend of
$0.21215278 on its Series J Cumulative Redeemable Preferred Stock (NYSE: TCO PR J). This represents a dividend from the date of issuance,
August 14, 2012, through
September 30, 2012. The preferred dividend will be payable on
September 28, 2012 to shareholders of record on
September 17, 2012.
For ease of use, references in this press release to " Taubman Centers," "company," "Taubman" or an operating platform mean Taubman Centers, Inc. and/or one or more of a number of separate, affiliated entities. Business is actually conducted by an affiliated entity rather than Taubman Centers, Inc. itself or the named operating platform.