Advanced Drainage Systems (WMS) Declares $0.09 Quarterly Dividend; 0.9% Yield
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Advanced Drainage Systems Announces Quarterly Cash Dividend
November 7, 2019 6:42 AM ESTHILLIARD, 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, today announced that its Board of Directors has approved a quarterly cash dividend to its shareholders in the amount of $0.09 per share.
Scott Barbour, President and Chief Executive Officer of Advanced Drainage Systems commented, Todays dividend announcement will bring our total cash returned to shareholders to $96.3 million in fiscal 2020. This demonstrates our commitment to returning capital to shareholders, as well as our... More
Advanced Drainage Systems Announces Quarterly Cash Dividend
November 7, 2019 6:42 AM ESTHILLIARD, 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, today announced that its Board of Directors has approved a quarterly cash dividend to its shareholders in the amount of $0.09 per share.
Scott Barbour, President and Chief Executive Officer of Advanced Drainage Systems commented, Todays dividend announcement will bring our total cash returned to shareholders to $96.3 million in fiscal 2020. This demonstrates our commitment to returning capital to shareholders, as well as our... More
Advanced Drainage Systems Announces Second Quarter Fiscal 2020 Results
November 7, 2019 6:40 AM ESTHILLIARD, Ohio--(BUSINESS WIRE)-- Advanced Drainage Systems, Inc. (NYSE: WMS) (ADS or the Company), is a leading provider of innovative water management solutions in the stormwater and on-site septic waste water industries today announced financial results for the second quarter ended September 30, 2019.
Second Quarter Fiscal 2020 Results
Net sales increased 22.0% to $495.9 million Net income of $8.5 million as compared to $29.4 million in the prior year Adjusted EBITDA (Non-GAAP) increased 65.2% to $118.2 millionFiscal 2020 Year-to-Date... More
