TDS announces fourth quarter 2022 dividends

Rhea-AI Summary

The board of Telephone and Data Systems (TDS) has declared dividends for Q4 2022. A quarterly dividend of $0.18 per Common Share and Series A Common Share will be paid on December 30, 2022, to holders of record as of December 15, 2022. Preferred dividends include $414.0625 for Series UU shares and $375.0000 for Series VV shares, both payable on December 31, 2022. TDS serves approximately 6 million connections through its subsidiaries, employing about 9,200 associates.

Positive

• Quarterly dividend of $0.18 per Common and Series A Common Share enhances shareholder returns.
• Continued dividend payments indicate management's confidence in financial stability.

Negative

• None.

CHICAGO, Nov. 18, 2022 /PRNewswire/ -- The board of directors of Telephone and Data Systems, Inc. (NYSE: TDS), a leading provider of telecommunications services, has declared fourth quarter 2022 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 $0.18 per Common Share and Series A Common Share, payable on December 30, 2022, to holders of record on December 15, 2022.
• 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, 2022, to holders of record on December 15, 2022.
• 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, 2022, to holders of record on December 15, 2022.

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 9,200 associates as of September 30, 2022.

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-2022-dividends-301682550.html

SOURCE Telephone and Data Systems

FAQ

What is the dividend payment date for TDS shares?

The dividend payment date for TDS shares is December 30, 2022.

What is the amount of the TDS Q4 2022 dividend?

TDS is paying a quarterly dividend of $0.18 per share for Common and Series A Common Shares.

How much will TDS preferred shareholders receive in dividends?

Preferred shareholders will receive $414.0625 for Series UU shares and $375.0000 for Series VV shares.

When is the record date for the TDS dividends?

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