Chronicle Journal: Finance

Taubman Centers' Series J Preferred Stock Yield Pushes Past 7.5%

In trading on Thursday, shares of Taubman Centers Inc's 6.500% Series J Cumulative Redeemable Preferred Stock (TCO. RJ) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.625), with shares changing hands as low as $21.35 on the day.
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