The High Yield Of Telephone and Data Systems Preferred Is Attractive, But Not Entirely Safe

Almost two years ago, I recommended holding the preferred stock of Telephone and Data Systems (NYSE: TDS.PR.V ) for its 13.0% dividend back then and my expectations for lower interest rates. I did not rate the stockI am a chemical engineer with a MS in Food Technology and Economics, and a MENSA member. I am the author of the book "Investing in Stocks and Bonds: The Early Retirement Project" (2024):I am also the author of the book "Mental Math: How to perform math calculations in your mind".I am also the aut ...