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Array Digital Infrastructure Announces $23 Special Dividend Post-Sale

Array Digital Infrastructure announces $23.00 special dividend following T-Mobile wireless operations sale, implementing special trading procedures through August payment date.

ParRachel Whitman
Publié le
#telecommunications#infrastructure#dividend-announcement#corporate-restructuring#5G-technology#market-news#NYSE
Image d'illustration pour: Array declares special dividend of $23.00 per share following the sale of the UScellular wireless operations - Telephone and Data Sys (NYSE:TDS), United States Cellular (NYSE:USM)

Array Digital Infrastructure headquarters in Chicago announces special dividend distribution

Major Dividend Announcement Following Wireless Operations Sale

Array Digital Infrastructure, Inc. (formerly United States Cellular Corporation) has declared a significant special cash dividend of $23.00 per share, payable August 19, 2025, following the completion of its wireless operations sale to T-Mobile. This strategic move comes amid broader economic shifts affecting major infrastructure deals in the telecommunications sector.

Key Dividend Details and Trading Information

Due to the substantial nature of the dividend - exceeding 25% of the current stock price - the New York Stock Exchange has implemented special trading procedures. Shares will trade with "due bills" through the August 19 payment date, with the ex-dividend date set for August 20, 2025.

  • Record Date: August 11, 2025
  • Payment Date: August 19, 2025
  • Ex-Dividend Date: August 20, 2025

Infrastructure Development and Market Impact

Array's evolution into a leading wireless infrastructure provider, with over 4,400 cell towers nationwide, positions the company at the forefront of America's digital transformation. This development parallels ongoing North American infrastructure investment trends and technological advancement initiatives.

Environmental and Social Implications

The expansion of 5G infrastructure carries significant implications for environmental sustainability and social equity. As communities nationwide face increasing climate-related challenges, robust digital infrastructure becomes crucial for resilience and adaptation strategies.

Shareholder Information

Array has scheduled its 2025 annual meeting for October 9, 2025. Shareholders are advised to consult their tax advisors regarding the dividend's tax implications and carefully review the NYSE's due bill procedures with their brokers before trading.

Rachel Whitman

Rachel L. Whitman is a political columnist and investigative journalist based in Washington, D.C. Her writing focuses on democratic resilience, civil rights, and the intersection of technology and public policy. With a background in law and public affairs, she brings sharp analysis and a deep commitment to progressive values.