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Taubman Centers Declares Common & Preferred Dividends

BLOOMFIELD HILLS, MI-Taubman Center to pay 26-cent dividend on common stock. Taubman's common shares fell eight cents to $20.15 in trading Sept. 9 on the New York Stock Exchange.

By Dan Heaton | Updated on September 10, 2003

BLOOMFIELD HILLS, MI-Taubman Centers. Inc.’s Board of Directors has declared a $0.26 per share common stock regular quarterly dividend. The common dividend is payable Oct. 21 to shareholders of record on Sept. 30, 2003.

Taubman also declared a regular quarterly dividend of $0.51875 per share on its Series A Cumulative Preferred Shares. The preferred dividend will be payable on Sept. 30 to shareholders of record on Sept. 19.

Taubman’s common shares fell eight cents to $20.15 in trading Sept. 9 on the New York Stock Exchange, where the stock trades under the symbol TCO.

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