Telephone & Data Systems a Top Ranked SAFE Dividend Stock With 2.1% Yield (TDS)

Telephone & Data Systems, Inc. ( TDS) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.1% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ''DividendRank'' report.

According to the ETF Finder at ETF Channel, Telephone & Data Systems, Inc. is a member of the iShares S&P 1500 Index ETF (ITOT), and is also an underlying holding representing 0.74% of the SPDR S&P Dividend ETF (SDY), which holds $92,196,606 worth of TDS shares.

Telephone & Data Systems, Inc. ( TDS) made the "Dividend Channel S.A.F.E. 25" list because of these qualities: S. Solid return — hefty yield and strong DividendRank characteristics; A. Accelerating amount — consistent dividend increases over time; F. Flawless history — never a missed or lowered dividend; E. Enduring — at least two decades of dividend payments.

START SLIDESHOW:
Top 25 S.A.F.E. Dividend Stocks Increasing Payments For Decades »

The annualized dividend paid by Telephone & Data Systems, Inc. is $0.51/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 12/12/2013. Below is a long-term dividend history chart for TDS, which the report stressed as being of key importance.

TDS operates in the Communications Services sector, among companies like Vodafone Group plc (VOD), and China Mobile Limited (CHL).