TAUBMAN C CP 
By BLOOMFIELD HILLS, Mich., Jan. 13, 2012 /PRNewswire/ -- Taubman Centers, Inc. (NYSE: TCO) announced today the tax allocations of the 2011 dividend distributions on its common shares and on its 8% Series G and 7.625% Series H Cumulative Redeemable Preferred Shares.
(Logo: http://photos.prnewswire.com/prnh/20080428/CLM116LOGO)
The 2011 distributions paid with respect to Taubman Centers, Inc. Common Stock (NYSE: TCO / Cusip no. 876664103) are as follows:
Declaration Record Payable Gross Ordinary Return of 15% Rate Unrecaptured
Date Date Date Distribution Dividend Capital Long Term Sec. 1250
Percent Percent Capital Gain Capital Gain
Percent Percent
03/03/11 03/15/11 03/31/11 0.43750 74.7226% 25.2774% 0% 0%
06/02/11 06/15/11 06/30/11 0.43750 74.7226% 25.2774% 0% 0%
09/06/11 09/16/11 09/30/11 0.43750 74.7226% 25.2774% 0% 0%
12/09/11 12/19/11 12/30/11 0.45000 74.7226% 25.2774% 0% 0%
2011 TOTALS PER SHARE 1.76250 74.7226% 25.2774% 0% 0%
-- Amounts reported to Direct Share Purchase and Dividend Reinvestment Plan
participants will differ due to administrative costs. Participants
should refer to their Form 1099, which will be mailed in late January,
and contact BNY Mellon/Computershare Shareowner's Services at (888)
877-2889 for further information.
-- The return of capital percentage on common stock dividends is also
reported on the Taubman Website at www.taubman.com , pursuant to U.S.
tax basis reporting required under Internal Revenue Code Section 6045B.
-- For 2011, Taubman Centers, Inc. had no distributions to common stock
holders allocable as qualified dividends.
-- Taxability of the 2011 common dividend is not indicative of the
taxability of future dividends.
The 2011 distributions paid with respect to Taubman Centers, Inc. Series G Preferred Stock (NYSE: TCO PrG/Cusip no. 876664301) are as follows:
Declaration Record Payable Gross Ordinary Return of 15% Rate Unrecaptured
Date Date Date Distribution Dividend Capital Long Term Sec. 1250
Percent Percent Capital Gain Capital Gain
Percent Percent
03/03/11 03/15/11 03/31/11 0.5000000 100% 0% 0% 0%
06/02/11 06/15/11 06/30/11 0.5000000 100% 0% 0% 0%
09/06/11 09/16/11 09/30/11 0.5000000 100% 0% 0% 0%
12/09/11 12/19/11 12/30/11 0.5000000 100% 0% 0% 0%
2011 TOTALS PER SHARE 2.0000000 100% 0% 0% 0%
-- For 2011, Taubman Centers, Inc. had no distributions to Series G
Preferred Stock holders allocable as qualified dividends.
-- Taxability of the 2011 dividend to Series G Preferred Stock holders is
not indicative of the taxability of future dividends.
The 2011 distributions paid with respect to Taubman Centers, Inc. Series H Preferred Stock (NYSE: TCO PrH/Cusip no. 876664400) are as follows:
Declaration Record Payable Gross Ordinary Return of 15% Rate Unrecaptured
Date Date Date Distribution Dividend Capital Long Term Sec. 1250
Percent Percent Capital Gain Capital Gain
Percent Percent
03/03/11 03/15/11 03/31/11 0.47656250 100% 0% 0% 0%
06/02/11 06/15/11 06/30/11 0.47656250 100% 0% 0% 0%
09/06/11 09/16/11 09/30/11 0.47656250 100% 0% 0% 0%
12/09/11 12/19/11 12/30/11 0.47656250 100% 0% 0% 0%
2011 TOTALS PER SHARE 1.90625000 100% 0% 0% 0%
-- For 2011, Taubman Centers, Inc. had no distributions to Series H
Preferred Stock holders allocable as qualified dividends.
-- Taxability of the 2011 dividend to Series H Preferred Stock holders is
not indicative of the taxability of future dividends.
For additional information, please refer to the Taubman Centers, Inc. website, www.taubman.com or call Mark Godek, Director of Tax Compliance at (248) 258-7667.
Taubman Centers is a real estate investment trust engaged in the development, leasing and management of regional and super regional shopping centers. Taubman's 26 U.S. owned, leased and/or managed properties, the most productive in the industry, serve major markets from coast to coast. Taubman Centers is headquartered in Bloomfield Hills, Michigan, and its Taubman Asia subsidiary is headquartered in Hong Kong. For more information about Taubman, visit www.taubman.com.
References in this press release to "Taubman Centers," "company" or "Taubman" mean Taubman Centers, Inc. and/or one or more of a number of separate, affiliated entities. Business is actually conducted by an affiliated entity rather than Taubman Centers, Inc. itself.
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements reflect management's current views with respect to future events and financial performance. The forward-looking statements included in this release are made as of the date hereof. Except as required by law, we assume no obligation to update these forward-looking statements, even if new information becomes available in the future. Actual results may differ materially from those expected because of various risks and uncertainties, including, but not limited to the continuing impacts of the U.S. recession and global credit environment, other changes in general economic and real estate conditions, changes in the interest rate environment and the availability of financing, adverse changes in the retail industry and integration and other acquisition risks. Other risks and uncertainties are discussed in the company's filings with the Securities and Exchange Commission including its most recent Annual Report on Form 10-K.
SOURCE Taubman Centers, Inc.
