TDS Preferred Shares Yield Hits 8% Amid Market Fluctuation

Market Watch: Telephone & Data Systems Inc's TDS.PRU yields over 8%, indicating strong dividend attractiveness. The stock's performance reflects slight downward movement in trading, impacting investor sentiment.

Date: 10-01-2025

AI Rating: 6

Yield Comparison and Performance
Telephone & Data Systems Inc's preferred stock TDS.PRU is yielding above 8% due to its quarterly dividend of $1.6562, which is appealing compared to the average yield of 6.65% in the Utilities category. This significant yield may attract investors looking for income-generating investments despite the broader market's fluctuations.

Current Trading Performance
As of the last trading session, TDS.PRU shares were priced at $20.42, reflecting a 16.48% discount to its liquidation preference, close to the average discount noted in its category (17.25%). This high discount might lead some investors to perceive it as a buying opportunity, especially given the yield above 8%.

The common shares of Telephone & Data Systems (TDS) also experienced a slight drop of about 1% on the same day. While this decline may deter some investors, it highlights the volatility in the stock market, which could influence future buying or selling decisions by investors.

Stocks: TDS