PR Newswire | Aug 12, 2021 08:00AM EDT

08/12 07:00 CDT

TDS announces third quarter 2021 dividends CHICAGO, Aug. 12, 2021

CHICAGO, Aug. 12, 2021 /PRNewswire/ -- The board of directors of Telephone and Data Systems, Inc. (NYSE: TDS), a leading provider of telecommunications services, has declared third quarter 2021 dividends on its Common Shares, Series A Common Shares and Series UU Preferred Shares, payable on September 30, 2021 to holders of record on September 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 $414.0625 per share on the company's 6.625% Series UU Preferred shares; holders of depositary shares will receive $0.4140625 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 8,900 associates as of June 30, 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.