TDS announces a third quarter 2021 dividend on its Series VV preferred shares

Rhea-AI Summary

The board of directors of Telephone and Data Systems has declared a third quarter 2021 dividend of $183.33 per share on its 6.000% Series VV Preferred Shares, payable on September 30, 2021, to holders of record on September 15, 2021. Holders of depositary shares will receive $0.18333 per depositary share. TDS provides a range of telecommunications services, serving approximately 6 million connections nationwide.

Positive

• Quarterly dividend of $183.33 per share demonstrates financial stability.
• TDS serves approximately 6 million connections, indicating a robust customer base.

Negative

• None.

CHICAGO, Sept. 3, 2021 /PRNewswire/ -- The board of directors of Telephone and Data Systems, Inc. (NYSE: TDS), a leading provider of telecommunications services, has declared a third quarter 2021 dividend on its Series VV Preferred Shares, payable on September 30, 2021 to holders of record on September 15, 2021. 

• TDS is paying a quarterly dividend of $183.33 per share on the company's 6.000% Series VV Preferred shares; holders of depositary shares will receive $0.18333 per depositary share.

The tickers for the TDS Common shares is "TDS" and the Series VV depositary shares is "TDSPrV".

About TDS
Telephone and Data Systems, Inc. (TDS), a Fortune 1000^® company, provides wireless; broadband, video and voice; and hosted and managed services to approximately 6 million connections nationwide through its businesses, UScellular, TDS Telecom, and OneNeck IT Solutions. Founded in 1969 and headquartered in Chicago, TDS employed approximately 8,900 associates as of June 30, 2021.

For more information about TDS and its subsidiaries, visit:

TDS: www.tdsinc.com
U.S. Cellular: www.uscellular.com
TDS Telecom: www.tdstelecom.com
OneNeck IT Solutions: www.oneneck.com

View original content:https://www.prnewswire.com/news-releases/tds-announces-a-third-quarter-2021-dividend-on-its-series-vv-preferred-shares-301368642.html

SOURCE Telephone and Data Systems, Inc.

FAQ

What is the dividend amount declared by TDS for Q3 2021?

TDS has declared a dividend of $183.33 per share on its Series VV Preferred Shares.

When is the TDS dividend payable?

The TDS dividend is payable on September 30, 2021.

What is the record date for TDS Q3 2021 dividend?

The record date for the TDS Q3 2021 dividend is September 15, 2021.

How much will holders of depositary shares receive?

Holders of depositary shares will receive $0.18333 per depositary share.

What percentage is the Series VV Preferred Shares dividend?

The Series VV Preferred Shares dividend is 6.000%.