Advanced Drainage Systems Announces Quarterly Cash Dividend
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Advanced Drainage Systems, Inc. (NYSE: WMS) announced a 14% increase in its quarterly cash dividend to $0.16 per share, approved by its Board of Directors.
November 08, 2024 | 12:00 pm
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Advanced Drainage Systems has increased its quarterly cash dividend by 14% to $0.16 per share, indicating strong financial health and commitment to returning value to shareholders.
The 14% increase in the dividend suggests that Advanced Drainage Systems is performing well financially and is confident in its future cash flows. This is likely to be viewed positively by investors, potentially leading to a short-term increase in the stock price.
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