Advanced Drainage Systems Announces Quarterly Cash Dividend
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Advanced Drainage Systems, Inc. (NYSE: WMS) has announced a 14% increase in its quarterly cash dividend, now at $0.16 per share. This decision reflects the company's strong financial position and commitment to returning value to shareholders.
February 06, 2025 | 12:00 pm
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Advanced Drainage Systems has increased its quarterly dividend by 14% to $0.16 per share, indicating a positive financial outlook and a commitment to shareholder returns.
The 14% increase in the dividend suggests that Advanced Drainage Systems is in a strong financial position and is committed to returning value to its shareholders. This is likely to be viewed positively by investors, potentially leading to a short-term increase in the stock price.
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