Advanced Drainage Systems, Inc. (NYSE:WMS) Announces Quarterly Dividend of $0.20

Posted by on May 22nd, 2026

Advanced Drainage Systems, Inc. (NYSE:WMS – Get Free Report) announced a quarterly dividend on Thursday, May 21st. Shareholders of record on Monday, June 1st will be given a dividend of 0.20 per share by the construction company on Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Monday, June 1st. This is a 11.1% increase from Advanced Drainage Systems’s previous quarterly dividend of $0.18.

Advanced Drainage Systems has decreased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 1 consecutive years. Advanced Drainage Systems has a dividend payout ratio of 11.4% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Advanced Drainage Systems to earn $6.86 per share next year, which means the company should continue to be able to cover its $0.72 annual dividend with an expected future payout ratio of 10.5%.

Advanced Drainage Systems Stock Down 1.1%

NYSE:WMS opened at $135.30 on Friday. The firm has a market cap of $10.54 billion, a P/E ratio of 22.51, a P/E/G ratio of 1.43 and a beta of 1.33. The company has a debt-to-equity ratio of 0.72, a quick ratio of 3.08 and a current ratio of 4.12. Advanced Drainage Systems has a fifty-two week low of $105.14 and a fifty-two week high of $179.32. The firm has a 50-day simple moving average of $142.50 and a two-hundred day simple moving average of $150.18.

Advanced Drainage Systems (NYSE:WMS – Get Free Report) last announced its quarterly earnings results on Thursday, May 21st. The construction company reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.09. Advanced Drainage Systems had a net margin of 15.75% and a return on equity of 27.72%. The firm had revenue of $676.76 million during the quarter, compared to analyst estimates of $651.92 million. During the same period in the previous year, the business posted $1.03 earnings per share. The business’s revenue for the quarter was up 9.9% on a year-over-year basis. Analysts predict that Advanced Drainage Systems will post 6.2 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on WMS shares. Oppenheimer reiterated an “outperform” rating and issued a $195.00 price target (down from $200.00) on shares of Advanced Drainage Systems in a research note on Friday, April 17th. Robert W. Baird set a $205.00 price target on shares of Advanced Drainage Systems in a research note on Friday, February 6th. KeyCorp lifted their price target on shares of Advanced Drainage Systems from $180.00 to $198.00 and gave the stock an “overweight” rating in a research note on Friday, February 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Advanced Drainage Systems in a research note on Monday, April 20th. Finally, Barclays reduced their price target on shares of Advanced Drainage Systems from $198.00 to $181.00 and set an “overweight” rating for the company in a research note on Wednesday, April 8th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Advanced Drainage Systems currently has a consensus rating of “Moderate Buy” and a consensus price target of $199.83.

Check Out Our Latest Report on WMS

Advanced Drainage Systems Company Profile

(Get Free Report)

Advanced Drainage Systems, Inc (NYSE: WMS) is a leading manufacturer and supplier of water management solutions in North America. Headquartered in Hilliard, Ohio, the company specializes in the design, production and distribution of high-density polyethylene (HDPE) drainage pipe and related products. Its core business addresses stormwater management, on-site septic systems and erosion control for residential, commercial and infrastructure projects.

The company’s product portfolio includes corrugated plastic pipe, tubing, fittings, geocells, geogrids and stormwater structures such as inlets, manholes and detention/retention systems.

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Dividend History for Advanced Drainage Systems (NYSE:WMS)

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