TDS announces fourth quarter 2021 dividends

Rhea-AI Summary

The board of directors of Telephone and Data Systems has declared dividends for the fourth quarter of 2021. Shareholders will receive a quarterly dividend of $0.175 per Common Share and Series A Common Share, payable on December 30, 2021, to those on record by December 15, 2021. Additionally, $414.0625 per Series UU Preferred share and $375.0000 per Series VV Preferred share will be distributed, also on December 31, 2021. The dividend declaration reflects the company’s commitment to returning value to shareholders.

Positive

• Quarterly dividend of $0.175 per Common and Series A shares enhances shareholder return.
• Series UU Preferred shares will yield $414.0625 per share, appealing to investors seeking income.
• Series VV Preferred shares will offer $375.0000 per share, supporting investor confidence.

Negative

• None.

CHICAGO, Nov. 29, 2021 /PRNewswire/ -- The board of directors of Telephone and Data Systems, Inc. (NYSE: TDS), a leading provider of telecommunications services, has declared fourth quarter 2021 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 $0.175 per Common Share and Series A Common Share payable on December 30, 2021 to holders of record on December 15, 2021.
• 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 December 31, 2021 to holders of record on December 15, 2021.
• 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 December 31, 2021 to holders of record on December 15, 2021.

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; 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 September 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-fourth-quarter-2021-dividends-301432888.html

SOURCE Telephone and Data Systems, Inc.

FAQ

What is the TDS dividend amount for Q4 2021?

TDS has declared a dividend of $0.175 per Common Share and Series A Common Share for Q4 2021.

When is the TDS dividend payment date for Common Shares?

The payment date for TDS Common Shares is December 30, 2021.

What are the dividend details for TDS Series UU Preferred Shares?

The dividend for Series UU Preferred Shares is $414.0625 per share, payable on December 31, 2021.

When will TDS Series VV Preferred Shares dividends be paid?

Dividends for TDS Series VV Preferred Shares will be paid on December 31, 2021.