At TDS, we take a balanced approach to capital allocation,
investing to build our businesses for the long term, and
returning value to our shareholders.
Over the next several years, we expect to allocate approximately 75 percent of our available resources to build and strengthen our cable and hosted and managed services businesses through attractive acquisition opportunities.
At the same time, we plan to return approximately
25 percent of our available resources to our shareholders,
through cash dividends and share repurchases.
We are proud to have increased our annual dividend for 40 consecutive years—an achievement accomplished by only a handful of companies.
Over the past seven years, TDS has
repurchased $930 million of TDS
and U.S. Cellular shares.