Array Technologies Inc Dividends
The next dividend date for Array Technologies Inc has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Array Technologies Inc (ARRY)
More About Array Technologies Inc
Array Technologies, Inc. manufactures and sells solar tracking technology products in the United States, Spain, Brazil, Australia, and internationally. The company operates through two segments, Array Legacy Operations and STI Operations. Its products portfolio includes DuraTrack HZ v3, a single axis tracker; Array STI H250, a dual-row tracker system; Array OmniTrack; Array SkyLink, a photovoltaic-powered control tracker system; and SmarTrack, a software and control-based product. Array Technologies, Inc. was incorporated in 1987 and is headquartered in Albuquerque, New Mexico.
Owning Array Technologies Inc Stock on the Dividend Date
If you own Array Technologies Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Array Technologies Inc stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Array Technologies Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Array Technologies Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Array Technologies Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Array Technologies Inc Dividends
You can contact us any time if you would like to ask questions about Array Technologies Inc dividends or anything else related to the stock market.