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Taubman Opts to Keep Pre-Merger Quarterly Dividend

Regional Mall REIT Dividend Payout Remains at $0.675 per Share
Taubman Centers last month agreed to be bought by rival Simon Property Group for $3.6 billion. The deal includes the 1.4 million-square-foot Dolphin Mall in Miami, Taubman's largest property. (CoStar)
Taubman Centers last month agreed to be bought by rival Simon Property Group for $3.6 billion. The deal includes the 1.4 million-square-foot Dolphin Mall in Miami, Taubman's largest property. (CoStar)
By Nicolas Foster
CoStar Research
March 11, 2020 | 9:28 P.M.

Taubman Centers said it will continue to pay shareholders a quarterly dividend of $0.675 per share, or $2.70 annually. The mall REIT last increased its dividend one year ago in March 2019.

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