Advanced Drainage Approved Quarterly Cash Dividend Of $0.14 Per Share, 17% Increase YoY, Dividend Will Be Paid On March 15, 2024
Portfolio Pulse from Benzinga Newsdesk
Advanced Drainage Systems announced a quarterly cash dividend of $0.14 per share, marking a 17% increase from the previous year. The dividend is scheduled to be paid on March 15, 2024.
February 08, 2024 | 11:54 am
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Advanced Drainage Systems (WMS) announced a 17% increase in its quarterly cash dividend to $0.14 per share, payable on March 15, 2024.
The announcement of a 17% increase in the quarterly dividend by Advanced Drainage Systems is a strong signal of the company's financial health and commitment to returning value to shareholders. This positive news is likely to be well-received by the market, potentially leading to a short-term increase in the stock price as investors may view the company as a more attractive investment.
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