TDS announces third quarter 2024 dividends

Rhea-AI Summary

The board of directors of Telephone and Data Systems (NYSE: TDS), a major telecommunications provider, has declared third-quarter 2024 dividends.

The company will pay a quarterly dividend of $0.04 per Common Share and Series A Common Share, payable on September 30, 2024, to holders of record on September 16, 2024.

For the Series UU Preferred Shares, a dividend of $414.0625 per share will be paid, equating to $0.4140625 per depositary share, payable on September 30, 2024, to holders of record on September 15, 2024.

For the Series VV Preferred Shares, a dividend of $375.0000 per share will be paid, equating to $0.3750000 per depositary share, payable on September 30, 2024, to holders of record on September 15, 2024.

The tickers are TDS for Common shares, TDSPrU for Series UU depositary shares, and TDSPrV for Series VV depositary shares.

Positive

• Declaration of third-quarter 2024 dividends.
• Quarterly dividend of $0.04 per Common Share and Series A Common Share.
• Series UU Preferred Shares dividend of $414.0625 per share.
• Series VV Preferred Shares dividend of $375.0000 per share.

Negative

• None.

CHICAGO, Aug. 8, 2024 /PRNewswire/ -- The board of directors of Telephone and Data Systems, Inc. (NYSE: TDS), a leading provider of telecommunications services, has declared third quarter 2024 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 September 30, 2024, to holders of record on September 16, 2024.
   
• 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 September 30, 2024, to holders of record on September 15, 2024.
   
• 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 September 30, 2024, to holders of record on September 15, 2024.

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; 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 8,500 associates as of June 30, 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
OneNeck IT Solutions: www.oneneck.com

View original content:https://www.prnewswire.com/news-releases/tds-announces-third-quarter-2024-dividends-302218355.html

SOURCE Telephone and Data Systems, Inc.

FAQ

What are the third-quarter 2024 dividends for TDS Common Shares?

The third-quarter 2024 dividend for TDS Common Shares is $0.04 per share, payable on September 30, 2024.

When will the third-quarter 2024 dividends be paid for TDS Common Shares?

The third-quarter 2024 dividends for TDS Common Shares will be paid on September 30, 2024, to holders of record on September 16, 2024.

What is the dividend for TDS Series UU Preferred Shares for Q3 2024?

The dividend for TDS Series UU Preferred Shares for Q3 2024 is $414.0625 per share, equating to $0.4140625 per depositary share.

What is the dividend for TDS Series VV Preferred Shares for Q3 2024?

The dividend for TDS Series VV Preferred Shares for Q3 2024 is $375.0000 per share, equating to $0.3750000 per depositary share.

When are the record dates for TDS Preferred Shares dividends in Q3 2024?

The record date for Series UU and VV Preferred Shares dividends in Q3 2024 is September 15, 2024.