TDS announces third quarter 2022 dividends

Rhea-AI Summary

Telephone and Data Systems has declared its third quarter 2022 dividends, highlighting financial commitment to shareholders. The dividends are scheduled for payment on September 30, 2022, to shareholders of record by September 15, 2022. Key dividends include $0.18 per Common and Series A Common Share, $414.0625 per Series UU Preferred Share, and $375.0000 per Series VV Preferred Share. TDS aims to maintain strong shareholder returns as it caters to approximately 6 million connections nationwide.

Positive

• Quarterly dividend of $0.18 per Common Share and Series A Common Share signifies strong shareholder returns.
• Series UU Preferred Shares will receive a dividend of $414.0625, supporting income for investors.
• Company demonstrates commitment to dividends, reinforcing investor trust.

Negative

• None.

CHICAGO, Aug. 11, 2022 /PRNewswire/ -- The board of directors of Telephone and Data Systems, Inc. (NYSE: TDS), a leading provider of telecommunications services, has declared third quarter 2022 dividends on its Common Shares, Series A Common Shares, Series UU Preferred Shares and Series VV Preferred Shares payable on September 30, 2022, to holders of record on September 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; 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, 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-third-quarter-2022-dividends-301604085.html

SOURCE Telephone and Data Systems

FAQ

What are the dividend details for TDS in third quarter 2022?

TDS declared a quarterly dividend of $0.18 for Common Shares and Series A Common Shares, $414.0625 for Series UU Preferred Shares, and $375.0000 for Series VV Preferred Shares.

When will TDS pay its third quarter 2022 dividends?

TDS will pay dividends on September 30, 2022, to shareholders of record by September 15, 2022.

What is TDS's stock symbol?

The stock symbols for TDS are 'TDS' for Common Shares, 'TDSPrU' for Series UU Depositary Shares, and 'TDSPrV' for Series VV Depositary Shares.