TDS announces fourth quarter 2021 dividends
The board of directors of Telephone and Data Systems has declared dividends for the fourth quarter of 2021.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Details
News Market Reaction – TDS
The recorded move for TDS in the trading session of this news was -2.44%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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's6.625% 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's6.000% 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.
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