Taubman Centers' Series K Preferred Stock Crosses Above 6% Yield Territory

In trading on Friday, shares of Taubman Centers, Inc.'s 6.25% Series K Cumulative Redeemable Preferred Stock (TCO. RK) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.5625), with shares changing hands as low as $25.90 on the day.