Taubman Centers Stock To Go Ex-dividend Tomorrow (TCO)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for Taubman Centers (NYSE: TCO) is tomorrow, June 12, 2013. Owners of shares as of market close today will be eligible for a dividend of 50 cents per share. At a price of $78.20 as of 9:35 a.m. ET, the dividend yield is 2.5%.

The average volume for Taubman Centers has been 527,700 shares per day over the past 30 days. Taubman Centers has a market cap of $5.14 billion and is part of the financial sector and real estate industry. Shares are up 1.1% year to date as of the close of trading on Monday.

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 53.8, above the S&P 500 P/E ratio of 17.7.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

TheStreet Ratings rates Taubman Centers as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, good cash flow from operations and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Taubman Centers Ratings Report.

See our dividend calendar or top-yielding stocks list.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more..
null

If you liked this article you might like

Activist: Saks' Canadian Parent Must Unlock Real Estate Value With Sales or LBO

Here's Why an Activist's Effort to Drive Change at a Major Shopping Mall Operator Has Failed

Taubman Centers' Shareholders Back Board Members

Taubman Fights Back Against Activists Aiming for Board Seats

2 REITs That Have Activist Investors in a Tizzy