Advanced Drainage Systems increases quarterly dividend by 13%

HILLIARD, Ohio - Advanced Drainage Systems, Inc. (NYSE:WMS) announced Thursday that its Board of Directors has approved a quarterly cash dividend of $0.18 per share, representing a 13% increase over the previous year’s dividend amount. According to InvestingPro data, this marks the company’s 4th consecutive year of dividend increases, maintaining payments for 12 straight years.

The dividend will be paid on September 15, 2025, to shareholders of record as of the close of business on August 29, 2025.

Scott Barbour, President and Chief Executive Officer of Advanced Drainage Systems, attributed the dividend increase to the company’s strong balance sheet and cash generation capabilities.

"Our strong financial performance and operational excellence initiatives provide us with the confidence and financial flexibility to return excess cash to our shareholders while simultaneously continuing to strategically invest in our business," Barbour stated in the press release.

Advanced Drainage Systems describes itself as a manufacturer of stormwater and onsite wastewater solutions with approximately 63 manufacturing plants and 35 distribution centers across its network.

The company, founded in 1966, serves various markets including commercial, residential, infrastructure, and agriculture sectors.

In other recent news, Advanced Drainage Systems reported its first-quarter fiscal 2026 results, surpassing analyst expectations despite facing weather-related challenges and broader economic pressures. The company achieved adjusted earnings per share of $1.95, exceeding the analyst estimate of $1.76. Revenue reached $829.9 million, which was higher than the consensus estimate of $801.79 million. Compared to the same period last year, the company’s revenue increased by 1.8%, and adjusted EBITDA rose by 1.0% to $278.2 million. These developments highlight the company’s ability to perform well in challenging conditions.

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