PR Newswire | May 21, 2021 08:30AM EDT

05/21 07:30 CDT

TDS announces second quarter 2021 dividends CHICAGO, May 21, 2021

CHICAGO, May 21, 2021 /PRNewswire/ -- The board of directors of Telephone and Data Systems, Inc. (NYSE: TDS), a leading provider of telecommunications services, has declared second quarter 2021 dividends on its Common Shares, Series A Common Shares and Series UU Preferred Shares, payable on June 30, 2021 to holders of record on June 15, 2021.

* TDS is paying a quarterly dividend of $0.175 per Common Share and Series A Common Share. * TDS is paying a quarterly dividend of $552.0833 per share on the company's 6.625% Series UU Preferred shares; holders of depositary shares will receive $0.5520833 per depositary share.

The tickers for the TDS Common shares is "TDS" and the Series UU depositary shares is "TDSPrU".

About TDSTelephone and Data Systems, Inc. (TDS), a Fortune 1000(r) company, 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 9,100 associates as of March 31, 2021.

For more information about TDS and its subsidiaries, visit:

TDS: www.tdsinc.comU.S. Cellular: www.uscellular.comTDS Telecom: www.tdstelecom.comOneNeck IT Solutions: www.oneneck.com

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SOURCE Telephone and Data Systems, Inc.