On 3/13/14, Taubman Centers, Inc.'s 6.500% Series J Cumulative Redeemable Preferred Stock (TCO.PRJ) will trade ex-dividend, for its quarterly dividend of $0.4062, payable on 3/31/14. As a percentage of TCO.PRJ's recent share price of $24.00, this dividend works out to approximately 1.69%, so look for shares of TCO.PRJ to trade 1.69% lower — all else being equal — when TCO.PRJ shares open for trading on 3/13/14. On an annualized basis, the current yield is approximately 6.77%, which compares to an average yield of 7.11% in the "REITs" preferred stock category, according to Preferred Stock Channel.
Taubman Centers Series J Cumulative Redeemable Preferred Stock Ex-Dividend Reminder
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.