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03/04/2019 Taubman Centers Increases Quarterly Common Dividend 3.1 Percent to $0.675 Per Share
Preferred Series J and K Dividend Declared The Board of Directors of Taubman Centers, Inc. (NYSE: TCO) today declared a regular quarterly dividend of $0.675 per share of common stock, an increase of 3.1 percent. The common dividend is payable March 29, 2019 to shareholders of record on March 15, 2019. Since the company went public in 1992 it has never reduced its regular common dividend and has increased its dividend 22 times since 1996. The Board of Directors also declared quarterly dividends of $0.40625 on its 6.5% Series J Cumulative Preferred Shares (NYSE: TCO PR J) and $0.390625 on its 6.25% Series K Cumulative Preferred Shares (NYSE: TCO PR K). The preferred dividends will be payable March 29, 2019 to shareholders of record on March 15, 2019. About Taubman Taubman Centers is an S&P MidCap 400 Real Estate Investment Trust engaged in the ownership, management and/or leasing of 26 regional, super-regional and outlet shopping centers in the U.S. and Asia and one under...
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02/25/2019 Taubman Centers to Present at the Citi 2019 Global Property CEO Conference
Taubman Centers, Inc. (NYSE: TCO) today announced that Robert S. Taubman, chairman, president and chief executive officer, and Simon J. Leopold, chief financial officer, will participate in a company roundtable presentation to the investment community at the Citi 2019 Global Property CEO Conference on Monday, March 4, 2019 at 1:35 p.m. EST. The presentation will be available via live webcast at http://www.veracast.com/webcasts/citigroup/globalproperty2019/83109244815.cfm . An online replay will follow shortly after the presentation and be available at the same link until June 1, 2019. Taubman Centers is an S&P MidCap 400 Real Estate Investment Trust engaged in the ownership, management and/or leasing of 26 regional, super-regional and outlet shopping centers in the U.S. and Asia and one under development. Taubman’s U.S.-owned properties are the most productive in the publicly held U.S. regional mall industry. Founded in 1950, Taubman is headquartered in Bloomfield Hills, Mich....
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02/14/2019 Taubman to Sell 50 Percent of its Interests in its Three Asia Shopping Centers to Blackstone
Taubman Centers, Inc. (NYSE: TCO) has announced agreements to sell 50 percent of Taubman Asia’s interests in three Asia-based shopping centers to funds managed by The Blackstone Group L.P. (Blackstone). Blackstone will be making this investment through its Asia Core+ real estate investment unit. The investment unit targets substantially stabilized office, logistics, residential and retail assets in high quality Asian geographies and gateway cities. The interests are valued at $480 million. The transactions are subject to customary closing conditions and are expected to close throughout 2019. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190214005438/en/ Starfield Hanam shopping center (Hanam, Gyeonggi, South Korea) (Photo: Business Wire) Taubman will remain the partner responsible for the joint management of the three shopping centers and retain the following ownership interests: 17.15 percent in Starfield Hanam (Hanam,...
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  • Investor Relations

    Ryan Hurren

    Vice President, Investor Relations, Interim Chief Accounting Officer

    rhurren@taubman.com

    T: (248) 258-7232

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    Erik Wright

    Manager, Investor Relations

    ewright@taubman.com

    T: (248) 258-7390

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TCO 53.22
Change+1.10(+2.11%) Volume: 219,015 March 26, 2019