In trading on Friday, shares of Telephone & Data Systems Inc’s 6.00% Dep Shares Ser VV Cumulative Prfd Stock (Symbol: TDS.PRV) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.50), with shares changing hands as low as $18.74 on the day. This compares to an average yield of 6.94% in the “Utilities” preferred stock category, according to Preferred Stock Channel. As of last close, TDS.PRV was trading at a 24.64% discount to its liquidation preference amount, versus the average discount of 23.29% in the “Utilities” category.
Below is a dividend history chart for TDS.PRV, showing historical dividend payments on Telephone & Data Systems Inc’s 6.00% Dep Shares Ser VV Cumulative Prfd Stock:
In Friday trading, Telephone & Data Systems Inc’s 6.00% Dep Shares Ser VV Cumulative Prfd Stock (Symbol: TDS.PRV) is currently up about 0.5% on the day, while the common shares (Symbol: TDS) are down about 1.2%.
