02/25/2015
Taubman Centers to Present at the Citi 2015 Global Property CEO Conference
Taubman Centers, Inc. (NYSE: TCO) today announced that Robert S. Taubman , chairman, president and chief executive officer, and Lisa A. Payne, vice chairman and chief financial officer will participate in a company roundtable presentation to the investment community at the Citi 2015 Global Property CEO Conference on Monday, March 2, 2015 at 1:35 p.m. EST . The presentation will be available via live webcast at http://www.veracast.com/webcasts/citigroup/globalproperty2015/76111497094.cfm . An online replay will follow shortly after the presentation and be available at the same link until Tuesday, June 2, 2015 . About Taubman Taubman Centers is an S&P MidCap 400 Real Estate Investment Trust engaged in the ownership, management and/or leasing of 21 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. Taubman is currently developing five properties in the...
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02/12/2015
Taubman Centers Issues Fourth Quarter And Full Year 2014 Results And Introduces 2015 Guidance
-Comparable Center Net Operating Income (NOI) Including Lease Cancellation Income Up 4 Percent for the Year -Average Rent Per Square Foot Up 5.7 Percent for the Year -Portfolio Releasing Spreads 32 Percent for the Year Taubman Centers, Inc. (NYSE: TCO) today reported financial results for the quarter and full year periods ended December 31, 2014 . December 31, 2014 Three Months Ended December 31, 2013 Three Months Ended December 31, 2014 Year Ended December 31, 2013 Year Ended Net income attributable to common shareholders (EPS) per diluted share $6.86 $0.62 $13.47 $1.71 Funds from Operations (FFO) per diluted share $0.54 $1.11 $3.11 $3.65 Growth rate (51.4)% (14.8)% Adjusted Funds from Operations (Adjusted FFO) per diluted share(1) $1.00 $1.11 $3.67 $3.65 Growth rate (9.9)% 0.5% (1) Adjusted FFO for the three months and year ended December 31, 2014 excludes charges related to the October 2014 sale of seven centers to Starwood. "2014 was a very...
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01/19/2015
Taubman Centers Announces Taxable Allocations of 2014 Common and Preferred Share Dividend Distributions
Taubman Centers, Inc. (NYSE: TCO) announced today the tax allocations of the 2014 dividend distributions on its common shares and 6.5% Series J and 6.25% Series K Cumulative Redeemable Preferred Shares. The 2014 distributions paid with respect to Taubman Centers, Inc. Common Stock (NYSE: TCO/Cusip no. 876664103) are as follows: Declaration Date Record Date Payable Date Gross Distribution Ordinary Dividend Percent Return of Capital Percent Long Term Capital Gain Percent Unrecaptured Sec. 1250 Capital Gain Percent 03/06/14 03/17/14 03/31/14 0.54000 85.14312% 14.85688% 0% 0% 05/22/14 06/16/14 06/30/14 0.54000 85.14312% 14.85688% 0% 0% 09/04/14 09/15/14 09/30/14 0.54000 85.14312% 14.85688% 0% 0% 12/02/14 12/15/14 12/31/14 0.54000 73.70244% 14.85688% 5.30341% 6.13727% 12/02/14 12/15/14 12/31/14 4.75000 0% 14.85688% 39.46871% 45.67441% 2014 TOTALS PER SHARE 6.91000 25.72086% 14.85688% 27.54562% 31.87664% Amounts reported to Direct Share Purchase and Dividend Reinvestment Plan participants...
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