Advanced Drainage Systems Announces Quarterly Dividend of $0.20 Per Share
Advanced Drainage Systems (WMS) has declared a quarterly dividend of $0.20 per share, maintaining its previous payout level. The dividend carries a forward yield of 0.56%, with the payment scheduled for December 15. Shareholders must be on record by December 1 to qualify, which is also the ex-dividend date. The announcement comes amidst mixed recent financial performance, where the company reported a Non-GAAP EPS of $1.88, beating estimates by $0.09, despite revenue of $889.4M falling short of expectations by approximately $41 million.
Tickers: $WMS
Topics: dividend declaration earnings beat quarterly results revenue miss