Telephone and Data, parent of US Cellular declares dividend of 10.75 cents
By APFriday, August 21, 2009
Telephone and Data declares dividend
CHICAGO — Telephone and Data Systems Inc. said Friday it would pay a third-quarter dividend of 10.75 cents per common share, special common share and Series A common share.
The dividend will be paid Sept. 30 to shareholders of record as of Sept. 16.
The Chicago-based company sells wireless, local and long-distance telephone and Internet service to about 7.3 million customers through subsidiaries U.S. Cellular and TDS Telecom.
The shares rose 59 cents, or 2.3 percent, to close Friday at $26.44.
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