#United States #Chicago #dividends #Telecommunications #TDS

TDS Declares First Quarter 2025 Dividends

On February 21, 2025, Telephone and Data Systems, Inc. (NYSE: TDS) announced the declaration of its first quarter dividends for 2025, marking a significant move by the telecommunications giant. As one of the leading providers of telecommunication services in the United States, TDS is committed to returning value to its shareholders through consistent dividend payouts. This announcement is particularly anticipated by investors and stakeholders, reflecting TDS's ability to maintain robust financial health amidst an evolving industry landscape.

The board has established the following dividends, effective March 31, 2025:

• - Common Shares and Series A Common Shares: A quarterly dividend of $0.04 per share will be paid to shareholders who own these shares as of March 17, 2025.
• - Series UU Preferred Shares: Shareholders will receive $414.0625 per share. Those holding depositary shares will get $0.4140625 per depositary share payable on the same date. To qualify for this dividend, shareholders must be on record by March 16, 2025.
• - Series VV Preferred Shares: For these shares, TDS will disburse a quarterly dividend of $375.00 per share, which translates to $0.3750000 for holders of depositary shares. Eligible shareholders must also be on record by March 16, 2025.

TDS's resilience can be attributed to its diversified portfolio, which includes a strong presence in wireless, broadband, video, and voice services. With over 5.5 million connections nationwide, TDS continues to be a pivotal player in the competitive telecommunications field. The company's dedication to providing quality services has resulted in a stable customer base and steady revenue streams.

Founded in 1969 and headquartered in Chicago, TDS has steadily expanded its operations over the decades, employing approximately 7,900 individuals as of December 31, 2024. The company's primary brands, UScellular and TDS Telecom, reflect its commitment to delivering comprehensive telecommunication solutions to its customers. As of now, TDS not only aims to maintain its customer satisfaction levels but also to enhance its shareholder returns through strategic decisions such as these dividend declarations.

Investors seeking more detailed financial information can visit TDS’s investor relations site for the latest earnings releases, quarterly filings, and other shareholder announcements, showcasing TDS's transparency and dedication to its investors.

With the announcement of these dividends, TDS continues to demonstrate its commitment to providing value to its shareholders while navigating the complexities of the telecommunications market. Investors remain optimistic as they look forward to the quarterly payouts, reinforcing confidence in TDS’s long-term strategies and growth potential.