Taubman Centers, Inc. (TCO) announced that its Board of Directors declared a regular quarterly dividend of $0.50 per share of common stock, an increase of 8.1 percent. The common dividend is payable March 29, 2013 to shareholders of record on March 18, 2013.
The Board of Directors also declared a quarterly dividend of $0.40625 on its Series J Cumulative Preferred Shares (TCO PR J). The preferred dividends will be payable on March 29, 2013 to shareholders of record on March 18, 2013.
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