Telephone and Data Systems’ preferred share pays $0.375 dividend, offering a 7.91% forward yield for the quarter.
Telephone and Data Systems 6% DEP PFD SR VV (TDS.PR.V) announced a $0.375 per share quarterly dividend, reflecting a forward yield of 7.91%. The dividend is payable on September 30 to shareholders of record as of September 15, with the ex-dividend date also set for September 15.
The company’s preferred shares have maintained a consistent dividend payout, aligning with prior quarterly distributions. The 7.91% yield remains competitive relative to comparable fixed-income instruments, attracting income-focused investors.
No immediate market reaction was specified following the announcement.