Telephone and Data Systems, Inc (TDS) Dividend History

NYSE: TDSYield, payment dates, growth and payout ratio.

TDS latest dividend

$0.04last dividend per share
Ex-dividend dateSep 15Tuesday, 2026
Payment dateSep 30Wednesday, 2026

The next dividend has not been announced yet.

  • 1985paying since
  • Quarterly4 payments a year
  • −25.1%5-year growth a year
  • 0.47%forward yield

TDS dividend income calculator

Dividend income a year
$16
Each payment
$4
Value of the shares
$3,390
Dividend yield
0.47%

At the latest close; forward annual dividend $0.16 per share, before tax.

TDS dividends per share by year

Dividends per shareYield at year-end (right axis)

Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.

TDS dividend safety

Payout ratio (earnings)5.7%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)44.9%
Well covered · of fiscal 2025 free cash flow
Dividend growth (5 years)−25.1%
Shrinking · a year on average
Years of increases0
Short record · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

TDS yield on cost

Telephone and Data Systems, Inc yield on cost
BoughtPrice paidYield on costDividends since% of price
1 year ago$38.490.42%$0.160.4%
3 years ago$19.560.82%$0.784.0%
5 years ago$19.000.84%$2.2311.7%
10 years ago$26.970.59%$5.5020.4%
20 years ago$42.460.38%$10.1223.8%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

TDS dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 40 payments).

TDS dividends by year

Telephone and Data Systems, Inc dividends per share by year
YearDividends per shareGrowthYield (year-end)Payments
2025$0.16−48.4%0.39%4
2024$0.31−58.1%0.91%4
2023$0.74+2.8%4.03%4
2022$0.72+2.9%6.86%4
2021$0.70+2.9%3.47%4
2020$0.68+3.0%3.66%4
2019$0.66+3.1%2.60%4
2018$0.64+3.2%1.97%4
2017$0.62+4.7%2.23%4
2016$0.59+5.0%2.05%4
2015$0.56+5.2%2.18%4
2014$0.54+4.7%2.12%4
2013$0.51+4.3%1.99%4
2012$0.49+13.1%2.22%4
2011$0.43+4.4%1.82%4
2010$0.42+4.6%1.24%4
2009$0.40+4.9%1.27%4
2008$0.38+5.1%1.30%4
2007$0.36+5.4%0.63%4
2006$0.34—0.68%4

TDS dividend history

168 payments
Telephone and Data Systems, Inc dividend payment history
Ex-dividend datePayment dateAmountChangeFrequency
2026-09-152026-09-30$0.04—Quarterly
2026-06-162026-06-30$0.04—Quarterly
2026-03-162026-03-31$0.04—Quarterly
2025-12-152025-12-30$0.04—Quarterly
2025-09-152025-09-30$0.04—Quarterly
2025-06-162025-06-30$0.04—Quarterly
2025-03-172025-03-31$0.04—Quarterly
2024-12-162024-12-31$0.04—Quarterly
2024-09-162024-09-30$0.04—Quarterly
2024-06-142024-06-28$0.04−78.9%Quarterly
2024-03-142024-03-28$0.19+2.7%Quarterly
2023-12-142023-12-29$0.185—Quarterly
2023-09-142023-09-29$0.185—Quarterly
2023-06-142023-06-30$0.185—Quarterly
2023-03-142023-03-31$0.185+2.8%Quarterly
2022-12-142022-12-30$0.18—Quarterly
Show all 168 payments
Ex-dividend datePayment dateAmountChangeFrequency
2022-09-142022-09-30$0.18—Quarterly
2022-06-142022-06-30$0.18—Quarterly
2022-03-142022-03-31$0.18+2.9%Quarterly
2021-12-142021-12-30$0.175—Quarterly
2021-09-142021-09-30$0.175—Quarterly
2021-06-142021-06-30$0.175—Quarterly
2021-03-162021-03-31$0.175+2.9%Quarterly
2020-12-152020-12-30$0.17—Quarterly
2020-09-152020-09-30$0.17—Quarterly
2020-06-152020-06-30$0.17—Quarterly
2020-03-162020-03-31$0.17+3.0%Quarterly
2019-12-132019-12-30$0.165—Quarterly
2019-09-132019-09-30$0.165—Quarterly
2019-06-132019-06-28$0.165—Quarterly
2019-03-142019-03-29$0.165+3.1%Quarterly
2018-12-132018-12-28$0.16—Quarterly
2018-09-132018-09-28$0.16—Quarterly
2018-06-142018-06-29$0.16—Quarterly
2018-03-152018-03-29$0.16+3.2%Quarterly
2017-12-142017-12-28$0.155—Quarterly
2017-09-142017-09-29$0.155—Quarterly
2017-06-142017-06-30$0.155—Quarterly
2017-03-152017-03-31$0.155+4.7%Quarterly
2016-12-142016-12-29$0.148—Quarterly
2016-09-142016-09-30$0.148—Quarterly
2016-06-142016-06-30$0.148—Quarterly
2016-03-152016-03-31$0.148+5.0%Quarterly
2015-12-142015-12-30$0.141—Quarterly
2015-09-142015-09-30$0.141—Quarterly
2015-06-122015-06-30$0.141—Quarterly
2015-03-122015-03-31$0.141+5.2%Quarterly
2014-12-112014-12-30$0.134—Quarterly
2014-09-112014-09-30$0.134—Quarterly
2014-06-112014-06-30$0.134—Quarterly
2014-03-122014-03-31$0.134+4.7%Quarterly
2013-12-122013-12-30$0.128—Quarterly
2013-09-122013-09-30$0.128—Quarterly
2013-06-122013-06-28$0.128—Quarterly
2013-03-132013-03-29$0.128+4.9%Quarterly
2012-12-132012-12-28$0.122−0.8%Quarterly
2012-09-122012-09-28$0.123—Quarterly
2012-06-132012-06-29$0.123—Quarterly
2012-03-142012-03-30$0.123+13.3%Quarterly
2011-12-152011-12-30$0.1086—Quarterly
2011-09-142011-09-30$0.1086—Quarterly
2011-06-152011-06-30$0.1086—Quarterly
2011-03-152011-03-31$0.1086+4.4%Quarterly
2010-12-152010-12-30$0.104—Quarterly
2010-09-142010-09-30$0.104—Quarterly
2010-06-142010-06-30$0.104—Quarterly
2010-03-152010-03-31$0.104+4.6%Quarterly
2009-12-152009-12-30$0.0994—Quarterly
2009-09-142009-09-30$0.0994—Quarterly
2009-06-122009-06-30$0.0994—Quarterly
2009-03-122009-03-31$0.0994+4.9%Quarterly
2008-12-152008-12-30$0.0948—Quarterly
2008-09-112008-09-30$0.0948—Quarterly
2008-06-122008-06-30$0.0948—Quarterly
2008-03-192008-04-07$0.0948+5.1%Quarterly
2007-12-122007-12-28$0.0902—Quarterly
2007-09-122007-09-28$0.0902—Quarterly
2007-06-132007-06-29$0.0902—Quarterly
2007-03-152007-03-30$0.0902+5.4%Quarterly
2006-12-132006-12-29$0.0856—Quarterly
2006-09-132006-09-29$0.0856—Quarterly
2006-06-142006-06-30$0.0856—Quarterly
2006-03-152006-03-31$0.0856+5.7%Quarterly
2005-12-142005-12-30$0.081—Quarterly
2005-09-142005-09-30$0.081—Quarterly
2005-06-142005-06-30$0.081−99.8%
2005-05-16—$34.30+41,466.1%
2005-03-142005-03-31$0.0825+6.1%
2004-12-142004-12-30$0.0778—
2004-09-142004-09-30$0.0778—
2004-06-142004-06-30$0.0778—
2004-03-152004-03-31$0.0778+6.4%
2003-12-112003-12-30$0.0731—
2003-09-122003-09-30$0.0731—
2003-06-122003-06-30$0.0731—
2003-03-132003-03-31$0.0731+6.9%
2002-12-122002-12-30$0.0684—
2002-09-122002-09-30$0.0684—
2002-06-122002-06-28$0.0684—
2002-03-132002-03-28$0.0684+7.4%
2001-12-122001-12-28$0.0636+2.5%
2001-09-12—$0.0621−2.4%
2001-06-132001-06-29$0.0636—
2001-03-132001-03-30$0.0636+8.0%
2000-12-132000-12-29$0.0589—
2000-09-132000-09-29$0.0589—
2000-06-132000-06-30$0.0589—
2000-03-132000-03-31$0.0589+8.7%
1999-12-131999-12-31$0.0542—
1999-09-131999-09-30$0.0542—
1999-06-111999-06-30$0.0542—
1999-03-101999-03-31$0.0542+4.6%
1998-12-141998-12-31$0.0519—
1998-09-111998-09-30$0.0519—
1998-06-111998-06-30$0.0519—
1998-03-131998-03-31$0.0519+4.7%
1997-12-101997-12-31$0.0495—
1997-09-121997-09-30$0.0495—
1997-06-111997-06-30$0.0495—
1997-03-121997-03-31$0.0495+5.0%
1996-12-111996-12-31$0.0471—
1996-09-111996-09-30$0.0471—
1996-06-121996-06-28$0.0471—
1996-03-131996-03-29$0.0471+5.3%
1995-12-131995-12-29$0.0448—
1995-09-131995-09-29$0.0448—
1995-06-141995-06-30$0.0448—
1995-03-131995-03-31$0.0448+5.6%
1994-12-121994-12-30$0.0424—
1994-09-121994-09-30$0.0424—
1994-06-131994-06-30$0.0424—
1994-03-111994-03-31$0.0424+5.9%
1993-12-131993-12-31$0.0401—
1993-09-131993-09-30$0.0401—
1993-06-141993-06-30$0.0401—
1993-03-111993-03-31$0.0401+6.3%
1992-12-091992-12-29$0.0377—
1992-09-041992-09-29$0.0377—
1992-06-081992-06-26$0.0377—
1992-03-091992-03-27$0.0377+6.7%
1991-12-091991-12-27$0.0354—
1991-09-091991-09-30$0.0354—
1991-06-101991-06-28$0.0354—
1991-03-111991-03-29$0.0354+7.2%
1990-12-101990-12-28$0.033—
1990-09-101990-09-28$0.033—
1990-06-111990-06-30$0.033—
1990-03-121990-03-30$0.033+7.7%
1989-12-111989-12-30$0.0307—
1989-09-111989-09-30$0.0307—
1989-06-09—$0.0307—
1989-03-091989-03-31$0.0307+62.5%
1988-11-251988-12-31$0.0189−33.3%
1988-09-091988-09-30$0.0283—
1988-06-061988-06-30$0.0283+50.0%
1988-03-111988-03-31$0.0189−48.6%
1987-12-111987-12-31$0.0367+45.8%
1987-09-041987-09-25$0.0251+9.1%
1987-06-091987-06-26$0.0231—
1987-03-101987-03-27$0.0231+358.3%
1986-12-15—$0.005−77.7%
1986-09-08—$0.0225+9.9%
1986-06-09—$0.0205—
1986-03-10—$0.0205+307.6%
1985-12-12—$0.005−75.5%
1985-09-09—$0.0205+11.5%
1985-06-10—$0.0184+124.7%
1985-03-13—$0.0082—

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

TDS stock split history

  • 1087:1000January 25, 2012
  • 10000:5125May 16, 2005
  • 3:2December 19, 1988
  • 3:2March 18, 1988

TDS dividend overview

Telephone and Data Systems pays an annual dividend of $0.16 per share, a yield of 0.47% at the latest close, paid quarterly. It paid $0.16 per share in 2025, down 48.4% from 2024. Over five years the dividend grew −25.1% a year on average and over ten years −11.8% a year. The payout ratio is 5.7% of trailing earnings.

Related: TDS cash flow statement, TDS key metrics, TDS chart. See the TDS stock overview for the latest quote and news.

TDS dividends FAQ

Does Telephone and Data Systems pay a dividend?

Yes. Telephone and Data Systems has paid a regular dividend since 1985, quarterly, most recently $0.04 per share with an ex-dividend date of September 15, 2026.

What is Telephone and Data Systems's dividend yield?

Telephone and Data Systems's forward annual dividend is $0.16 per share, a dividend yield of 0.47% at the latest close of $33.90.

How often does Telephone and Data Systems pay dividends?

Telephone and Data Systems pays dividends quarterly.

How fast is Telephone and Data Systems's dividend growing?

Telephone and Data Systems's dividend per share grew from $0.68 in 2020 to $0.16 in 2025, −25.1% a year on average over five years.

What is Telephone and Data Systems's dividend payout ratio?

Telephone and Data Systems pays out 5.7% of its trailing earnings as dividends and 44.9% of its free cash flow (fiscal 2025).

Has Telephone and Data Systems split its stock?

Telephone and Data Systems has split its stock 4 times: 1087:1000 on January 25, 2012, 10000:5125 on May 16, 2005, 3:2 on December 19, 1988, 3:2 on March 18, 1988. Dividends per share on this page are adjusted for splits.

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