Array Digital Infrastructure Inc. to Issue Special Dividend of $10.25 (NYSE:AD)

Array Digital Infrastructure Inc. (NYSE:AD) announced a special dividend on Tuesday, January 13th. Shareholders of record on Friday, January 23rd will be paid a dividend of 10.25 per share on Monday, February 2nd. The ex-dividend date is Friday, January 23rd.

Array Digital Infrastructure Stock Performance

Shares of AD stock traded up $3.80 during mid-day trading on Wednesday, reaching $57.45. The company’s stock had a trading volume of 114,697 shares, compared to its average volume of 214,015. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.65 and a current ratio of 0.65. The firm’s 50-day moving average is $49.95. Array Digital Infrastructure has a 1-year low of $44.03 and a 1-year high of $79.17. The company has a market capitalization of $4.88 billion, a P/E ratio of 321.28 and a beta of 0.17.

About Array Digital Infrastructure

United States Cellular Corporation provides wireless telecommunications services in the United States. The company offers wireless services, including voice, messaging, and data services. It also provides devices, such as smartphones and other handsets, tablets, wearables, mobile hotspots, routers, and internet of things devices. In addition, the company offers various accessories, such as cases, screen protectors, chargers, and memory cards; and consumer electronics, including audio, home automation, and networking products; as well as offers option to purchase devices and accessories under installment contracts.