TDS announces first quarter 2025 dividends

Rhea-AI Summary

Telephone and Data Systems (TDS) has announced its first quarter 2025 dividend payments. The company will distribute a quarterly dividend of $0.04 per Common Share and Series A Common Share, payable on March 31, 2025, to shareholders of record as of March 17, 2025.

For the Series UU Preferred shares, TDS will pay a quarterly dividend of $414.0625 per share ($0.4140625 per depositary share), while Series VV Preferred shareholders will receive $375.0000 per share ($0.3750000 per depositary share). Both preferred share dividends are payable on March 31, 2025, to holders of record on March 16, 2025.

Positive

• Consistent dividend payment maintained across all share classes
• Company demonstrates ability to sustain regular dividend distributions

Negative

• None.

Insights

Financial Analyst

The Q1 2025 dividend announcement from TDS reveals important insights about the company's financial strategy and capital allocation priorities. The common share dividend of $0.04 per share, while modest, demonstrates the company's commitment to maintaining regular shareholder distributions despite the capital-intensive nature of the telecommunications industry.

The preferred share dividend structure, with Series UU offering 6.625% and Series VV at 6.000%, reflects TDS's sophisticated approach to capital structure management. These preferred shares provide the company with a more cost-effective financing alternative compared to traditional debt, while offering investors a higher-yield investment option with priority claim on assets and earnings.

The consistency in dividend payments across all share classes suggests robust cash flow generation and prudent financial management. In the telecommunications sector, where substantial capital expenditure is required for network maintenance and expansion, maintaining steady dividend payments indicates strong operational performance and effective balance sheet management.

The different record dates for common shares (March 17) versus preferred shares (March 16) showcase TDS's organized approach to dividend administration, ensuring smooth payment processing across various share classes while maintaining compliance with regulatory requirements.

CHICAGO, Feb. 21, 2025 /PRNewswire/ -- The board of directors of Telephone and Data Systems, Inc. (NYSE: TDS), a leading provider of telecommunications services, has declared first quarter 2025 dividends on its Common Shares, Series A Common Shares, Series UU Preferred Shares and Series VV Preferred Shares.

• TDS is paying a quarterly dividend of $0.04 per Common Share and Series A Common Share payable on March 31, 2025, to holders of record on March 17, 2025.
  
  
• 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 payable on March 31, 2025, to holders of record on March 16, 2025.
  
  
• 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 payable on March 31, 2025, to holders of record on March 16, 2025.

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) provides wireless, broadband, video, and voice to approximately 5.5 million connections nationwide through its businesses, UScellular and TDS Telecom. Founded in 1969 and headquartered in Chicago, TDS employed approximately 7,900 associates as of December 31, 2024.

Visit investors.tdsinc.com for comprehensive financial information, including earnings releases, quarterly and annual filings, shareholder information and more.

For more information about TDS and its subsidiaries, visit:

TDS: www.tdsinc.com
UScellular: www.uscellular.com
TDS Telecom: www.tdstelecom.com

View original content:https://www.prnewswire.com/news-releases/tds-announces-first-quarter-2025-dividends-302381922.html

SOURCE Telephone and Data Systems, Inc.

FAQ

What is the Q1 2025 dividend amount for TDS common shares?

TDS will pay a quarterly dividend of $0.04 per Common Share and Series A Common Share for Q1 2025.

When is the payment date for TDS Q1 2025 dividends?

All TDS Q1 2025 dividends will be paid on March 31, 2025.

What is the dividend amount for TDS Series UU Preferred shares?

TDS Series UU Preferred shares will receive $414.0625 per share ($0.4140625 per depositary share).

What is the record date for TDS Q1 2025 common share dividends?

The record date for TDS common share dividends is March 17, 2025.

What is the dividend yield for TDS Series VV Preferred shares?

TDS Series VV Preferred shares will receive $375.0000 per share ($0.3750000 per depositary share).