On 6/12/13, Taubman Centers, Inc.'s 6.500% Series J Cumulative Redeemable Preferred Stock (NYSE: TCO.PRJ) will trade ex-dividend, for its quarterly dividend of $0.4062, payable on 6/28/13. As a percentage of TCO.PRJ's recent share price of $25.67, this dividend works out to approximately 1.58%, so look for shares of TCO.PRJ to trade 1.58% lower -- all else being equal -- when TCO.PRJ shares open for trading on 6/12/13. On an annualized basis, the current yield is approximately 6.36%, which compa...
Ex-Div Reminder for Taubman Centers Series J Cumulative Redeemable Preferred Stock
Forbes - 10 Jun 2013 20:25
On 6/12/13, Taubman Centers, Inc.'s 6.500% Series J Cumulative Redeemable Preferred Stock (NYSE: TCO.PRJ) will trade ex-dividend, for its quarterly dividend of $0.4062, payable on 6/28/13. As a percentage of TCO.PRJ's recent share price of $25.67, this dividend works out to approximately 1.58%, so look for shares of TCO.PRJ to trade 1.58% lower -- all else being equal -- when TCO.PRJ shares open for trading on 6/12/13. On an annualized basis, the current yield is approximately 6.36%, which compa...
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