This company discontinued its dividend after 2021.
Based on TTM and annual data · Not a buy/sell signal
This company does not pay dividends
Last dividend was paid in 2021. The company has not paid dividends in the last 4 years.
Does Array Technologies (ARRY) pay a dividend?
Array Technologies (ARRY) stopped paying a dividend after 2021 and pays nothing today. The business does generate free cash flow of $135 million, so the absence of a dividend is a capital-allocation choice rather than an inability to pay. All figures are computed from company filings; this is analysis, not investment advice.
Frequently asked
Does Array Technologies (ARRY) pay a dividend?+
No. Array Technologies (ARRY) does not currently pay a dividend. The last payment in our data was in 2021, and nothing has been paid since.
How does Array Technologies return cash to shareholders?+
It largely does not. Array Technologies pays no dividend and we do not see a meaningful reduction in share count over the last twelve months, so cash is being retained in the business or spent on growth rather than returned. That is common for companies reinvesting heavily, and it means your return depends entirely on the share price.
Could Array Technologies afford to pay a dividend?+
On the numbers, yes. Array Technologies generated $135 million of free cash flow, which is about $0.87 per share. If it paid out half of that, the dividend would be roughly $0.43 per share, a yield of about 8.1% at the current price. That is an illustration of capacity, not a prediction: the company has given no indication it intends to pay one.
Which technology companies do pay dividends?+
Our Technology sector page ranks the companies we cover by dividend score, which combines payout safety, free cash flow coverage and growth record. If income is what you are after, start there rather than with Array Technologies.
SourceDividend analysis computed from the 10-Q filed 31 Jul 2026, covering the period ending 30 Jun 2026, as reported to the SEC. Data last refreshed 18 Sept 2026. How this is calculated.
Fiscal year ends Dec. Earnings payout = dividends / net income. FCF payout = dividends / FCF. Yield = TTM DPS / price.
Peers
Semiconductors & Related Devices · Pick stocks to compare with ARRY
Held by ETFs
ARRY is in 35 US ETFs. The largest of them, with ARRY's weight in each:
Vanguard Small-Cap Value ETFVBR0.01%of the fund
iShares Russell 2000 Growth ETFIWO0.01%of the fund
iShares Russell 2000 Value ETFIWN0.03%of the fund
Fidelity Nasdaq Composite Index ETFONEQ0.00%of the fund
Vanguard Industrials ETFVIS0.01%of the fund
iShares U.S. Small-Cap Equity Factor ETFSMLF0.02%of the fund
Spot a number that looks wrong? Check it in ARRY's SEC filings or
Download this analysis as a PDF (Pro)
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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