Telephone And Data Systems Stock To Go Ex-dividend Tomorrow (TDS)

NEW YORK (TheStreet) -- The ex-dividend date for Telephone and Data Systems (NYSE:TDS) is tomorrow, December 15, 2011. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $24.68 as of 9:30 a.m. ET, the dividend yield is 1.9%.

The average volume for Telephone and Data Systems has been 647,700 shares per day over the past 30 days. Telephone and Data Systems has a market cap of $1.26 billion and is part of the technology sector and telecommunications industry. Shares are down 29.7% year to date as of the close of trading on Tuesday.

Telephone and Data Systems, Inc., a diversified telecommunications company, provides wireless and wireline telecommunications services in 36 states in the United States. The company has a P/E ratio of 12, equal to the average telecommunications industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Telephone and Data Systems as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full Telephone and Data Systems Ratings Report.

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