TDS announces first quarter 2022 dividends

Rhea-AI Summary

Telephone and Data Systems (TDS) has declared its first-quarter 2022 dividends, which will be payable on March 31, 2022. Holders of record by March 15, 2022 will receive a dividend of $0.18 per Common and Series A Common Share. The dividends on the 6.625% Series UU Preferred Shares will be $414.0625 per share, while the 6.000% Series VV Preferred Shares will receive $375.0000 per share. TDS operates through its subsidiaries, providing services to approximately 6 million connections nationally.

Positive

• TDS is providing a quarterly dividend of $0.18 per Common Share, signaling confidence in financial performance.
• The declared dividends on Series UU and Series VV Preferred Shares indicate robust support for preferred shareholders.

Negative

• None.

CHICAGO, Feb. 17, 2022 /PRNewswire/ -- The board of directors of Telephone and Data Systems, Inc. (NYSE: TDS), a leading provider of telecommunications services, has declared first quarter 2022 dividends on its Common Shares, Series A Common Shares, Series UU Preferred Shares and Series VV Preferred Shares payable on March 31, 2022, to holders of record on March 15, 2022.

• TDS is paying a quarterly dividend of $0.18 per Common Share and Series A Common Share.
• TDS is paying a quarterly dividend of $414.0625 per share on the company's 6.625% Series UU Preferred shares; holders of depositary shares will receive $0.4140625 per depositary share.
• TDS is paying a quarterly dividend of $375.0000 per share on the company's 6.000% Series VV Preferred shares; holders of depositary shares will receive $0.3750000 per depositary share.

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

About TDS
Telephone and Data Systems, Inc. (TDS), a Fortune 1000® company, provides wireless; cable and wireline broadband, video and voice; and hosted and managed services to approximately 6 million connections nationwide through its businesses, UScellular, TDS Telecom, BendBroadband and OneNeck IT Solutions. Founded in 1969 and headquartered in Chicago, TDS employed 8,800 people as of December 31, 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-first-quarter-2022-dividends-301485262.html

SOURCE Telephone and Data Systems, Inc.

FAQ

What is the dividend amount for Telephone and Data Systems (TDS) in Q1 2022?

TDS is paying a quarterly dividend of $0.18 per Common Share and Series A Common Share.

When will the TDS dividends be paid?

The TDS dividends are payable on March 31, 2022.

What are the dividend details for TDS Preferred Shares?

The dividend for Series UU Preferred Shares is $414.0625 per share, and for Series VV Preferred Shares, it is $375.0000 per share.

What is the record date for the TDS dividends?

The record date for the TDS dividends is March 15, 2022.