Telephone & Data Systems (TDS) Declares $0.17 Quarterly Dividend; 3.6% Yield

Telephone & Data Systems (NYSE: TDS) declared a quarterly dividend of $0.17 per share, or $0.68 annualized.

The dividend will be payable on June 30, 2020, to stockholders of record on June 16, 2020, with an ex-dividend date of June 15, 2020.

The annual yield on the dividend is 3.6 percent.

"We are investing in the TDS family of businesses to bring our customers ever higher-quality wireless and broadband services that position the company for long-term sustainability and growth," said LeRoy T. Carlson, Jr. "At the same time, we have continued to return value to our shareholders primarily through cash dividends which have increased every year for the past 46 years.

"At TDS, we believe that being a good corporate citizen is fundamental to our long-term success. I am delighted to announce a new sustainability section of our corporate website, tdsinc.com/sustainability, which showcases our environmental, social and governance initiatives. These responsible practices aren't new for TDS. The site takes high-level content, from existing business unit websites, and presents it thematically in one space. The site will evolve over time as new projects are completed and new information becomes available."

For a dividend history and other dividend-related data on Telephone & Data Systems (TDS) click here.

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