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TDS Declares Dividend for Its Q2

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Telephone and Data Systems (NYSE: TDS  ) is phoning home another shareholder payout. The company has declared a dividend for its Q2, which will be $0.1275 per share of its common stock, paid on June 28 to shareholders of record as of June 14. That amount matches the firm's previous distribution that was disbursed at the end of March. Prior to that, the firm paid $0.1225 per share.

The firm is relatively new to the habit of shareholder disbursements; it has handed out a dividend only since March 2012.

The Q2 dividend annualizes to $0.51 per share. That yields 2.1% at TDS' most recent closing stock price of $23.94.


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Eric Volkman
TMFVolkman

Eric has been writing about stocks and finance since the mid-1990s, when he lived in Prague, Czech Republic. Over the course of a varied career, he has also been a radio newscaster, an investment banker, and a bass player in a selection of rock and roll bands. A native New Yorker, he currently lives in Los Angeles.

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Related Tickers

8/31/2015 4:01 PM
TDS $28.44 Down -0.09 -0.32%
Telephone & Data S… CAPS Rating: *****