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Array Digital Infrastructure, Inc. , 5.50% Senior Notes due 06/01/2070
Ticker Symbol: UZF CUSIP: 911684884 Exchange: NGS
Aug. 1, 2025 /- Array Digital Infrastructure, Inc.SM ("ArraySM"), (NYSE: USM), formerly United States Cellular Corporation, has declared a special cash dividend of $23.00 per Common Share and Series A Common Share. The special dividend is payable on August 19, 2025, to shareholders of record on August 11, 2025.
Since the Special Dividend is more than 25% of the current stock price, the New York Stock Exchange ("NYSE") has determined that the shares will trade with "due bills" representing an assignment of the right to receive the Special Dividend up through and inclusive of the payment date of August 19, 2025. The ex-dividend date will be August 20, 2025, the first business day following the payment date. Stockholders who sell their shares on or before the payment date will not be entitled to receive the Special Dividend. Due bills obligate a seller of shares to deliver the special dividend payable on such shares to the buyer. Accordingly, if an investor wishes to receive the Special Cash Dividend, the investor will need to hold the Array shares through and including the payment date of August 19, 2025.
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QUANTUMONLINE.COM SECURITY DESCRIPTION: Array Digital Infrastructure, Inc. Formerly United States Cellular Corp., 5.50% Senior Notes due 2070, issued in $25 denominations, redeemable at the issuer's option on or after 06/01/2026 at $25 per note plus accrued and unpaid interest, and maturing 06/01/2070. Interest distributions of 5.50% per annum ($1.375 per annum or $0.34375 per quarter) will be paid quarterly on 3/1, 6/1, 9/1 & 12/1 to holders of record on the record date that will be one business day prior to the payment date (NOTE: the ex-dividend date is one business day prior to the record date). Distributions paid by these debt securities are interest and as such are NOT eligible for the preferential 15% to 20% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders. Units are expected to trade flat, which means accrued interest will be reflected in the trading price and the purchasers will not pay and the sellers will not receive any accrued and unpaid interest. This security was rated as Ba1 by Moody’s and BB by S&P at the date of its IPO. This security was rated as BB+ by Fitch Ratings Co. at the date of its IPO. The Notes are senior unsecured and unsubordinated obligations of the company and will rank equally with all existing and future senior unsecured and unsubordinated indebtedness of the company. See the IPO prospectus for further information on the debt securities by clicking on the ‘Link to IPO Prospectus’ provided below.
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Go to Parent Company's Record (AD)
IPO - 5/10/2021 - 20.00 Million Notes @ $25.00/note.
Link to IPO Prospectus
Previous Ticker Symbol: UZF
Previous Name: United States Cellular Corp Changed: 8/01/2025
Market Value $ Million
Click for current UZF price quote from the NASDAQ
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 500 West Madison Street, Suite 810, Chicago, IL 60661 |
| Main Phone Number |
773-399-8900 |
| Fax Number |
773-399-8936 |
| Investor Relations
Julie Mathews, TDS, Inc.
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312-592-5379
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| Toll Free Phone Number |
888-944-9400 |
| CEO - Laurent Therivel |
CFO - Douglas W. Chambers |
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