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09/03/2020 Taubman Centers Declares Quarterly Preferred Dividends
The Board of Directors (the “Board”) of Taubman Centers, Inc. (the “Company”) (NYSE: TCO) today 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 are payable September 30, 2020 to shareholders of record on September 15, 2020. The Board is not declaring a third quarter dividend on its common stock. The Board will consider reinstating the common dividend at a later date. 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. 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. Taubman Asia, founded in 2005, is headquartered in Hong Kong....
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08/10/2020 Taubman Centers, Inc. Issues Second Quarter Results
- Earnings Lower Due to Impact of COVID-19 Pandemic - Amended $1.1 Billion Revolving Line of Credit Facility and Unsecured Term Loans to Provide Financial Flexibility Through the Pandemic - Starfield Anseong, Taubman Asia’s Fourth Investment, to Open on September 25th nearly 100 Percent Leased - Asia Sales Rebound Following COVID-19 Closures Taubman Centers, Inc. (NYSE: TCO) today reported financial results for the second quarter of 2020.   June 30, 2020 Three Months Ended June 30, 2019 Three Months Ended June 30, 2020 Six Months Ended June 30, 2019 Six Months Ended Net income (loss) attributable to common shareowners, diluted (in thousands) ($34,069)(1) $6,266 ($14,197)(1) $21,384 Net income (loss) attributable to common shareowners (EPS) per diluted common share ($0.55)(1) $0.10 ($0.23)(1)  $0.35 Funds from Operations (FFO) per diluted common share $0.29 $0.78 $1.08 $1.71 Growth rate (62.8)%   (36.8)%   Adjusted FFO (AFFO) per diluted common share $0.41(2)...
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08/06/2020 Taubman Schedules Second Quarter Earnings Release
Taubman Centers, Inc. (NYSE: TCO) will announce its second quarter 2020 earnings after the market closes on August 10, 2020. The company will not host a conference call this quarter. 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. 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. Taubman Asia, founded in 2005, is headquartered in Hong Kong. www.taubman.com. Forward Looking Statement For ease of use, references in this press release to “Taubman Centers,”, “we”, “us”, “our”, “company,” “Taubman” or an operating platform mean Taubman Centers, Inc. and/or one or more of a number of separate, affiliated entities. Business is actually conducted by an affiliated entity rather than Taubman Centers, Inc....
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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 35.91
Change-0.39(-1.07%) Volume: 1,354,258 September 18, 2020