Taubman Centers Declares Quarterly Preferred Dividends

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--The Board of Directors (the “Board”) of Taubman Centers, Inc. (the “Company or “Taubman””) (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 to shareholders of record at the close of business on December 15, 2020, with payment to be made on December 31, 2020.