Array Technologies, Inc. (ARRY) Yield on Cost (YOC): N/A
The yield on cost (YOC) for Array Technologies, Inc. (ARRY) is N/A.
ARRY Yield on Cost (YOC) Metrics
YIELD ON COST (YOC)
N/A
Yield on cost doesn't apply to ARRY
Array Technologies, Inc. (ARRY) does not currently pay a dividend, so there is no yield to measure against a purchase price. Yield on cost becomes meaningful once a company begins and grows a dividend.
Array Technologies, Inc. Yield on Cost (YOC) Formula & Definition
Yield on cost is the dividend yield measured against your original purchase price, not today's price. As a company raises its dividend, the yield on what you actually paid keeps rising even when the market yield holds steady.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
About Array Technologies, Inc.
Array Technologies, Inc. (ARRY) develops, manufactures, and provides solar tracking solutions and complementary products for customers both within the United States and internationally. A key offering is the DuraTrack HZ v3, a system designed for single-axis solar panel tracking. Additionally, the company offers SmarTrack, an intelligent software powered by machine learning that continuously determines the optimal alignment for solar arrays in real time to maximize energy output. This enterprise was established in 1989 and its corporate headquarters are situated in Albuquerque, New Mexico.
- Sector
- Energy
- Industry
- Solar
- CEO
- Kevin G. Hostetler