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TAUBMAN CENTERS DECLARES REGULAR QUARTERLY DIVIDEND

 BLOOMFIELD HILLS, Mich., March 11 /PRNewswire/ -- The Board of Directors of Taubman Centers, Inc. (NYSE: TCO) today declared a regular quarterly dividend of $.22 per share of common stock. The dividend is payable April 20, 1993 to shareholders of record March 31, 1993.
 In November, Taubman Centers Inc. completed its initial public offering. The company's first dividend payment, declared on December 17, 1992, was pro-rated from the offering's closing date. Today's declaration reflects the company's first full quarter of operation as a public company.
 Taubman Centers, Inc., a real estate investment trust, is managing general partner of the Taubman Realty Group, which owns, develops, acquires and operates regional shopping centers nationally.
 -0- 3/11/93
 /CONTACT: Christopher J. Tennyson of Taubman Centers, Inc., 313-258-7519/
 (TCO)


CO: ST: Michigan IN: SU: DIV

SM -- NY063 -- 5159 03/11/93 14:13 EST
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Publication:PR Newswire
Date:Mar 11, 1993
Words:140
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