Owners of Taubman Centers (NYSE: TCO) shares as of market close today will be eligible for a dividend of 50 cents per share. At a price of $77.92 as of 9:35 a.m. ET, the dividend yield is 2.6%. The average volume for Taubman Centers has been 571,700 shares per day over the past 30 days. Taubman Centers has a market cap of $4.9 billion and is part of the real estate industry. Shares are down 1.5% year to date as of the close of trading on Tuesday. EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys dividend stocks that have the potential for a 3% to 4% yield and 10% growth. Get his best picks for less than $50/year. Taubman Centers, Inc. operates as a real estate investment trust. As of June 30, 2005, the company owned a 63% managing general partner's interest in The Taubman Realty Group Limited Partnership (the operating partnership). The company has a P/E ratio of 56.76. Currently there are 3 analysts that rate Taubman Centers a buy, no analysts rate it a sell, and 7 rate it a hold. TheStreet Ratings rates Taubman Centers as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Taubman Centers Ratings Report now.