Advanced Drainage Systems's latest quarterly dividend was on Aug 31, 2022 (ex-date) with a payout of $0.12 per share. At an annualized rate of $0.46 per share, the stock yields 0.34%.
WMS has a dividend yield of 0.34% which is lower than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 1.62%, Advanced Drainage Systems's dividend yield is 79% lower. The current dividend yield is less than the historical average of 0.8% of the last 5 years.
Advanced Drainage Systems has been paying dividends since 2015. WMS has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 15% since twelve months ago. However with the price of the stock up by 22% from a year ago, the dividend yield has a decrease of 6%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Aug 31, 2022 | Sep 15, 2022 | Aug 4, 2022 | $0.12 | normal |
| May 31, 2022 | Jun 15, 2022 | May 19, 2022 | $0.12 | normal |
| Feb 28, 2022 | Mar 15, 2022 | Feb 3, 2022 | $0.11 | normal |
| Nov 30, 2021 | Dec 15, 2021 | Nov 4, 2021 | $0.11 | normal |
| Aug 31, 2021 | Sep 15, 2021 | Aug 5, 2021 | $0.11 | normal |
| May 28, 2021 | Jun 15, 2021 | May 20, 2021 | $0.11 | normal |
| Feb 26, 2021 | Mar 15, 2021 | Feb 4, 2021 | $0.09 | normal |
| Nov 30, 2020 | Dec 15, 2020 | Nov 5, 2020 | $0.09 | normal |
| Aug 31, 2020 | Sep 15, 2020 | Aug 6, 2020 | $0.09 | normal |
| May 29, 2020 | Jun 15, 2020 | May 20, 2020 | $0.09 | normal |
| Feb 28, 2020 | Mar 16, 2020 | Feb 6, 2020 | $0.09 | normal |
| Nov 27, 2019 | Dec 13, 2019 | Nov 7, 2019 | $0.09 | normal |
| Aug 29, 2019 | Sep 13, 2019 | Aug 8, 2019 | $0.09 | normal |
| May 31, 2019 | Jun 14, 2019 | May 23, 2019 | $0.09 | normal |
| May 31, 2019 | Jun 14, 2019 | May 23, 2019 | $1 | special |
| Feb 28, 2019 | Mar 15, 2019 | Feb 7, 2019 | $0.08 | normal |
| Nov 29, 2018 | Dec 14, 2018 | Nov 8, 2018 | $0.08 | normal |
| Aug 30, 2018 | Sep 14, 2018 | Aug 9, 2018 | $0.08 | normal |
| Jun 4, 2018 | Jun 15, 2018 | May 29, 2018 | $0.08 | normal |
| Feb 28, 2018 | Mar 15, 2018 | Feb 8, 2018 | $0.07 | normal |
| Nov 30, 2017 | Dec 15, 2017 | Nov 2, 2017 | $0.07 | normal |
| Aug 30, 2017 | Sep 15, 2017 | Aug 3, 2017 | $0.07 | normal |
| Jun 1, 2017 | Jun 15, 2017 | May 25, 2017 | $0.07 | normal |
| Feb 27, 2017 | Mar 15, 2017 | Feb 9, 2017 | $0.06 | normal |
| Nov 29, 2016 | Dec 15, 2016 | Nov 10, 2016 | $0.06 | normal |
| Aug 30, 2016 | Sep 15, 2016 | $0.06 | normal | |
| Jun 14, 2016 | Jun 30, 2016 | Jun 7, 2016 | $0.06 | normal |
WMS has a payout ratio of 10% which is lower than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 28.9%, Advanced Drainage Systems's payout ratio is 65% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ITW Illinois Tool Works Inc | 2.58% | $4.97 | 58.7% |
| DOV DOVER Corp | 1.62% | $2.01 | 25.3% |
| WMS Advanced Drainage Systems Inc | 0.34% | $0.46 | 10% |
Yes, Advanced Drainage Systems has paid four dividends in the last twelve months. WMS has been paying dividends since 2015.
At this point we don't have a record of WMS's next dividend date, but based on the current dividend schedule we project that it will likely be in November 2022.
Advanced Drainage Systems's last dividend ex-date was on Aug 31, 2022. The dividend amount was $0.12 per share.
WMS has paid dividend of $0.46 per share in the last year.
Advanced Drainage Systems's current dividend yield is 0.34%.
Advanced Drainage Systems pays four dividends per year.
The dividend payout ratio of Advanced Drainage Systems is 10%.
Advanced Drainage Systems's dividend yield is less than the Industrials sector average.