Telephone & Data Systems(NYSE:TDS) Declares Dividend of $0.1480.

Telephone & Data Systems (NYSE:TDS) had declared a cash dividend of $0.1480 on Aug 18, 2016. The shares will quote ex-dividend on Sep 14, 2016 and the record date has been fixed for Sep 16, 2016. On Aug 18, 2016 share price, the yield comes out to be 2.0421%. The dividend payable date has been fixed on Sep 30, 2016.

Telephone & Data Systems (TDS) made into the market gainers list on Mondays trading session with the shares advancing 0.97% or 0.27 points. Due to strong positive momentum, the stock ended at $28.13, which is also near the day’s high of $28.24. The stock began the session at $27.98 and the volume stood at 3,85,405 shares. The 52-week high of the shares is $32 and the 52 week low is $20.8258. The company has a current market capitalization of $3,079 M and it has 10,94,56,222 shares in outstanding.

Telephone & Data Systems(TDS) last announced its earnings results on Aug 5, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $1.28B. Analysts had an estimated revenue of $1.27B. Earnings per share were $0.25. Analysts had estimated an EPS of $0.13.

Several Insider Transactions has been reported to the SEC. On Aug 15, 2016, Kenneth R Meyers (director) sold 43,200 shares at $29.48 per share price.Also, On Aug 9, 2016, Clarence A Davis (director) sold 500 shares at $30.41 per share price.On Aug 9, 2016, David A Wittwer (President of a subsidiary) sold 109,791 shares at $30.62 per share price, according to the Form-4 filing with the securities and exchange commission.

Telephone and Data Systems Inc. (TDS) is a diversified telecommunications company. The Company is engaged in providing telecommunications services. TDS conducts its Wireless operations through its subsidiary United States Cellular Corporation (U.S. Cellular). TDS provides Wireline services cable services and hosted and managed services through its wholly-owned subsidiary TDS Telecommunications Corporation. U.S. Cellular offers a range of Wireless devices such as handsets modems mobile hotspots home phone and tablets for use by its customers. TDS Telecom operates in three segments: Wireline which provides retail telecommunications services to residential and commercial customers; Cable which provides colocation and managed services and Hosted and Managed Services which offers a suite of information technology (IT) solutions including cloud and hosting solutions managed services enterprise resource planning application management professional services and IT hardware.

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