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Advanced Drainage Systems, Inc. designs, manufactures, and markets thermoplastic corrugated pipes and related water management products, and drainage solutions for use in the underground construction and infrastructure marketplace in the United States, Canada, Mexico, and internationally. The company operates through Pipe, International, Infiltrator, and Allied Products & Other segments. It offers single, double, and triple wall corrugated polypropylene and polyethylene pipes; plastic leachfield chambers and systems, EZflow synthetic aggregate bundles, mechanical aeration wastewater solutions, septic tanks and accessories, and combined treatment and dispersal systems; and allied products, including storm retention/detention and septic chambers, polyvinyl chloride drainage structures, fittings, and water quality filters and separators. The company also purchases and distributes construction fabrics and other geosynthetic products for soil stabilization, reinforcement, filtration, separation, erosion control, and sub-surface drainage, as well as drainage grates and other products. It offers its products for non-residential, residential, agriculture, and infrastructure applications through a network of approximately 38 distribution centers. The company was incorporated in 1966 and is headquartered in Hilliard, Ohio.

Advanced Drainage Systems Dividend Announcement

Advanced Drainage Systems announced a quarterly dividend of $0.16 per ordinary share which will be made payable on 2024-09-13. Ex dividend date: 2024-08-30
Advanced Drainage Systems annual dividend for 2024 was $0.46
Advanced Drainage Systems annual dividend for 2023 was $0.54
Advanced Drainage Systems's trailing twelve-month (TTM) dividend yield is 0.39%
Advanced Drainage Systems's payout ratio for the trailing twelve months (TTM) is 9.11%
Advanced Drainage Systems's dividend growth over the last five years (2018-2023) was 11.74% year

Advanced Drainage Systems Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-30$0.16quarterly2024-09-13
2024-05-31$0.16quarterly2024-06-14
2024-02-29$0.14quarterly2024-03-15
2023-11-30$0.14quarterly2023-12-15
2023-08-31$0.14quarterly2023-09-15
2023-05-31$0.14quarterly2023-06-15
2023-02-28$0.12quarterly2023-03-15
2022-11-30$0.12quarterly2022-12-15
2022-08-31$0.12quarterly2022-09-15
2022-05-31$0.12quarterly2022-06-15
2022-02-28$0.11quarterly2022-03-15
2021-11-30$0.11quarterly2021-12-15
2021-08-31$0.11quarterly2021-09-15
2021-05-28$0.11quarterly2021-06-15
2021-02-26$0.09quarterly2021-03-15
2020-11-30$0.09quarterly2020-12-15
2020-08-31$0.09quarterly2020-09-15
2020-05-29$0.09quarterly2020-06-15
2020-02-28$0.09quarterly2020-03-16
2019-11-27$0.09quarterly2019-12-13
2019-08-29$0.09quarterly2019-09-13
2019-05-31$1.09quarterly2019-06-14
2019-02-28$0.08quarterly2019-03-15
2018-11-29$0.08quarterly2018-12-14
2018-08-30$0.08quarterly2018-09-14
2018-06-04$0.08quarterly2018-06-15
2018-02-28$0.07quarterly2018-03-15
2017-11-30$0.07quarterly2017-12-15
2017-08-30$0.07quarterly2017-09-15
2017-06-01$0.07quarterly2017-06-15
2017-02-27$0.06quarterly2017-03-15
2016-11-29$0.06quarterly2016-12-15
2016-08-30$0.06quarterly2016-09-15
2016-06-14$0.06quarterly2016-06-30
2016-02-26$0.05quarterly2016-03-15
2015-11-27$0.05quarterly2015-12-15
2015-08-28$0.05quarterly2015-09-15
2015-05-28$0.05quarterly2015-06-15
2015-02-26$0.04quarterly2015-03-16
2014-11-26$0.04quarterly2014-12-10

Advanced Drainage Systems Dividend per year

Advanced Drainage Systems Dividend growth

Advanced Drainage Systems Dividend Yield

Advanced Drainage Systems current trailing twelve-month (TTM) dividend yield is 0.39%. Interested in purchasing Advanced Drainage Systems stock? Use our calculator to estimate your expected dividend yield:

Advanced Drainage Systems Financial Ratios

P/E ratio23.71
PEG ratio0.57
P/B ratio8.63
ROE39.88%
Payout ratio9.11%
Current ratio2.89
Quick ratio1.90
Cash Ratio1.10

Advanced Drainage Systems Dividend FAQ

How much is the next Advanced Drainage Systems dividend?
Advanced Drainage Systems's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Advanced Drainage Systems dividend. The next Advanced Drainage Systems dividend will be released in February, May, August, or November.
When is Advanced Drainage Systems dividend paid?
Advanced Drainage Systems pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Advanced Drainage Systems pay?
The specific amount of Advanced Drainage Systems dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Advanced Drainage Systems's dividend history.
Does Advanced Drainage Systems stock pay dividends?
Yes, Advanced Drainage Systems does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Advanced Drainage Systems's dividend history.
How much dividend does Advanced Drainage Systems pay?
Advanced Drainage Systems paid $0.46 in 2024, $0.54 in 2023, $0.47 in 2022, $0.42 in 2021, and $0.36 in 2020.
How often does Advanced Drainage Systems pay dividends?
Advanced Drainage Systems typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Advanced Drainage Systems's dividend yield?
The current dividend yield for Advanced Drainage Systems is 0.39%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Advanced Drainage Systems's exact dividend yield.
When does Advanced Drainage Systems go ex dividend?
Advanced Drainage Systems's ex-dividend date for the latest dividend was on 2024-08-30. Advanced Drainage Systems typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Advanced Drainage Systems dividend paid?
Advanced Drainage Systems pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Advanced Drainage Systems increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Advanced Drainage Systems will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Advanced Drainage Systems dividend per share?
Advanced Drainage Systems paid $0.46 per share in 2024 and $0.54 per share in 2023. The amount of dividend per share that Advanced Drainage Systems pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Advanced Drainage Systems a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Advanced Drainage Systems a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Advanced Drainage Systems a dividend stock?
Yes, Advanced Drainage Systems is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Advanced Drainage Systems a good dividend stock?
Whether Advanced Drainage Systems is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Advanced Drainage Systems has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Advanced Drainage Systems as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Advanced Drainage Systems pay dividends monthly?
Advanced Drainage Systems typically pays dividends on a quarterly basis.
Does Advanced Drainage Systems pay dividends quarterly?
Advanced Drainage Systems currently pays dividends on a quarterly basis.
Has Advanced Drainage Systems ever paid a dividend?
Yes, Advanced Drainage Systems has a history of paying dividends to its shareholders. Advanced Drainage Systems is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Advanced Drainage Systems dividend stocks?
To buy Advanced Drainage Systems you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Advanced Drainage Systems stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Advanced Drainage Systems pay dividends 2024?
Advanced Drainage Systems pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-13. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Advanced Drainage Systems increase its dividend in 2024?
Decisions regarding Advanced Drainage Systems dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Advanced Drainage Systems dividend overview you can look into the above table of dividend history.
How Advanced Drainage Systems dividend works?
The Advanced Drainage Systems dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Advanced Drainage Systems's dividend process works:

1. Determination of Dividend: Advanced Drainage Systems's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Advanced Drainage Systems publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Advanced Drainage Systems distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Advanced Drainage Systems are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Advanced Drainage Systems dividends paid?
Advanced Drainage Systems dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Advanced Drainage Systems sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Advanced Drainage Systems distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Advanced Drainage Systems declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Advanced Drainage Systems pay dividends?
Advanced Drainage Systems typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Advanced Drainage Systems pay dividends?
The general pattern is that Advanced Drainage Systems pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Advanced Drainage Systems dividend safe?
The safety of Advanced Drainage Systems's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Advanced Drainage Systems's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Advanced Drainage Systems's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.