Chronicle Journal: Finance

Taubman Centers' Series K Preferred Stock Shares Cross 7.5% Yield Mark

In trading on Thursday, shares of Taubman Centers Inc's 6.25% Series K Cumulative Redeemable Preferred Stock (TCO. RK) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.5625), with shares changing hands as low as $20.75 on the day.
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