AD Stock — Array Digital Infrastructure, Inc.

Array Digital Infrastructure, Inc. (AD)

Updated October 16, 2026.

AD is a Stock. its trailing-12-month yield is 63.49%. Total return is 352.9% over the past 38.4 years.

Array Digital Infrastructure, Inc. owns and operates wireless communications infrastructure across the United States, deploying 5G and other wireless technologies through approximately 4,400 cell towers and leasing tower space to carriers, government agencies, and broadband providers. The company does not currently distribute to shareholders. This business appeals to those seeking exposure to wireless infrastructure assets rather than income generation.

AD performance

Price and return data through 2026-10-16.

Total return is 352.9% over the past 38.4 years. Over the past year its total return — price change plus distributions reinvested — is -19.0%. Its deepest 1-year drawdown was 40.1%.

AD key facts

Asset type

Stock

Asset class

Equity

Inception date

05/05/1988

Distribution frequency

None

Trailing yield

63.49%

Last close

$33.47 (as of 2026-10-16)

Market cap

$1,789,743,887

Average volume

140491.0

Dividend

$11.00

Ex-dividend date

06/11/2026

Payment date

06/25/2026

Beta

0.296

Payout ratio

23.6%

P/E ratio

4.36

Forward P/E

64.9351

EPS

$7.67

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (63.49%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

AD risks and drawbacks

The deepest 1-year drawdown on record here is 40.1%.

Who may consider AD — and who may not

It is a weaker fit for investors who need monthly cash flow (AD does not currently distribute). This is educational context, not a recommendation to buy or sell.

More on AD

• All tickers starting with A

Tagged: Communication Services, Infrastructure.

Frequently asked questions