Advanced Drainage Systems (WMS) Raises Quarterly Dividend 25% to $0.05; 0.7% Yield
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Advanced Drainage Systems Announces an Increase in Quarterly Cash Dividend
May 11, 2015 5:22 PM EDTHILLIARD, Ohio--(BUSINESS WIRE)-- Advanced Drainage Systems, Inc. (NYSE: WMS) (ADS or the Company), a leading global manufacturer of water management products and solutions for commercial, residential, infrastructure and agricultural applications, announced on May 11, 2015 that its Board of Directors has approved a 25% increase in the quarterly cash dividend to its shareholders in the amount of $0.05 per share, up from $0.04 per share.
The quarterly cash dividend of $0.05 per share will be paid on June 15, 2015 to shareholders of record at the close of business on June 1, 2015.
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