TDS-P-U: TELEPHONE & DATA SYSTEMS INC /DE/ 6.625% Series U Preferred Stock
TELEPHONE & DATA SYSTEMS INC /DE/'s TDS-P-U is an exchange-traded preferred stock in the Telephone Communications (No Radiotelephone) sector.
At a recent price of $20.92, TDS-P-U yields 7.92% on its $25 liquidation preference and 6.625% coupon.
It trades at a discount of 16.3% to par.
The issue is cumulative, perpetual (no stated maturity), callable on or after 2026-03-31.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.