Telephone & Data Systems' Series UU Preferred Stock Yield Pushes Past 7.5%

Telephone & Data Systems' 6.625% Dep Shares Ser UU preferred stock was yielding above 7.5%, based on an annualized dividend of $1.6562 and a trading price as low as $22.05. The article is a factual yield snapshot rather than a new company-specific catalyst, so the market impact is limited.

Analysis

Telephone & Data Systems' 6.625% Dep Shares Ser UU preferred stock was yielding above 7.5%, based on an annualized dividend of $1.6562 and a trading price as low as $22.05. The article is a factual yield snapshot rather than a new company-specific catalyst, so the market impact is limited.