Ex-Div Reminder for Taubman Centers Series J Cumulative Redeemable Preferred Stock

On 12/11/14, 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 12/31/14. As a percentage of TCO.PRJ's recent share price of $25.81, this dividend works out to approximately 1.57%, so look for shares of TCO.PRJ to trade 1.57% lower — all else being equal — when TCO.PRJ shares open for trading on 12/11/14. On an annualized basis, the current yield is approximately 6.30%, which ...