TELEPHONE & DATA SYSTEMS INC /DE/'s TDS-P-V is an exchange-traded preferred stock in the Telephone Communications (No Radiotelephone) sector. At a recent price of $19.10, TDS-P-V yields 7.85% on its $25 liquidation preference and 6% coupon. It trades at a discount of 23.6% to par. The issue is cumulative, perpetual (no stated maturity), callable on or after 2026-09-30. Distributions are paid quarterly. Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.