Array Digital Infrastructure (AD) Dividend
Array Digital Infrastructure, Inc. · Communication Services · Telecom Services · semiannual payer
As of Nov 8, 2026, Array Digital Infrastructure (AD) pays a twice-yearly dividend of $11.00 per share, or $21.25 a year, a — yield at its $29.98 share price. It pays twice a year, usually in February and June. It has a dividend safety grade of D.
Forward Yield
—
Annual Dividend
$21.25
Payout Ratio
0%
5-Yr Growth
—
Ex-Date
Jun 11, 2026
Frequency
Semiannual
Key facts about AD's dividend
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, AD's dividend safety grade from SmarterDividends is D (46 out of 100), which rates the dividend as unsafe.
- AD has never cut its regular dividend in the payment history SmarterDividends has on record.
- AD's most recent ex-dividend date was Jun 11, 2026, for a dividend of $11.00 per share.
- As of Nov 8, 2026, SmarterDividends' blended fair-value estimate for AD is $82.57 per share, 175% above the $29.98 share price, so AD screens as undervalued.
- Array Digital Infrastructure, Inc. (AD) pays its dividend semiannual, 2 times a year.
- Array Digital Infrastructure, Inc. (AD) has raised its regular dividend 0 times and cut it 0 times across the 4 payments on record since 2013. The regular dividend has not changed in that time.
Cite this page
SmarterDividends, "AD Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 8, 2026, https://smarterdividends.com/stocks/AD
Is AD a good dividend stock?
MixedArray Digital Infrastructure, Inc. (AD) pays a semiannual dividend yielding — ($21.25/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Never cut its dividend on record
Risks
- Below-average dividend safety score
Key Data
- Dividend Yield
- —
- Payout Ratio
- 0%
- Annual Dividend
- $21.25
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Jun 11, 2026
- Years of Growth
- 0
- Frequency
- semiannual
- Beta
- 0.33
- Market Cap
- $2.6B
- P/E Ratio
- 4.2
- 5-Yr Total Return
- 3%
- 52-Week Range
- $28.80 – $60.82
- Dividend Safety
- D · 46/100
- Ever Cut?
- No
AD dividend raises and cuts
Array Digital Infrastructure, Inc. (AD) has raised its regular dividend 0 times and cut it 0 times across the 4 payments on record since 2013. The regular dividend has not changed in that time.
Frequently Asked Questions
Is AD a good dividend stock?
Mixed. Array Digital Infrastructure, Inc. (AD) pays a semiannual dividend yielding — ($21.25/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Is AD undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, AD's fair value is about $82.57 versus a $29.98 share price — so it looks undervalued (+175% vs. fair value).
Is AD's dividend safe?
AD has a dividend-safety grade of D (46/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is AD's fair value?
Our blended fair-value estimate for AD is about $82.57 per share, roughly 175% above the current $29.98 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is AD a buy, hold, or sell?
We don't issue formal ratings, but on the data AD screens as "mixed" and undervalued. Array Digital Infrastructure, Inc. (AD) pays a semiannual dividend yielding — ($21.25/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.
Will AD cut its dividend?
AD earns a dividend-safety grade of D (46/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does AD pay a dividend?
Yes. Array Digital Infrastructure, Inc. pays a semiannual dividend of about $21.25 per share annually, a forward yield of roughly —.
How much dividend does 100 shares of AD pay?
At $21.25 per share a year, 100 shares of AD pay $2,125.00 a year in dividends before tax, about $1,062.50 every six months. Buying them costs about $2,998 at the Nov 8, 2026 price.
What is AD's dividend yield?
As of Nov 8, 2026, AD's forward dividend yield is —, based on a $21.25 annual dividend and a $29.98 share price.
What is AD's dividend per share?
As of Nov 8, 2026, AD pays $21.25 per share per year, distributed on a semiannual basis.
What is AD's dividend payout ratio?
As of Nov 8, 2026, AD's payout ratio is 0% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has AD grown its dividend?
AD does not currently have a long dividend-growth streak on record.
When is the next AD ex-dividend date?
As of Nov 8, 2026, AD's next ex-dividend date hasn't been announced. The most recent was Jun 11, 2026, for $11.00 per share.
AD Price — Last 12 Months
Daily close
Price Return
1 Year
-39%
3 Years
-34%
5 Years
+3%
52-Week Range
$28.80 – $60.82
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is AD worth?
Undervaluedlow confidenceOur blended fair-value estimate for Array Digital Infrastructure, Inc. is $82.57 per share, versus a market price of $29.98. That implies 175% of upside — a margin of safety of about 64%.
Fair Value
$82.57
Current Price
$29.98
Upside
+175%
Margin of Safety
64%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 0.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.0% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, $7.22 EPS, $21.25 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
AD Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend History
Full AD dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 11, 2026 | Jun 25, 2026 | $11.0000 | regular |
| Jan 23, 2026 | Feb 2, 2026 | $10.2500 | regular |
| Aug 20, 2025 | — | $23.0000 | regular |
| Jun 7, 2013 | — | $5.7500 | regular |
Income Calculator
At $21.25 / yr per share
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