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WMS Advanced Drainage Systems dividend history, payout ratio & dates

  1. Stocks
  2. Industrials
  3. NYSE: WMS
  4. Dividend

Advanced Drainage Systems's latest quarterly dividend was on Feb 29, 2024 (ex-date) with a payout of $0.14 per share. At an annualized rate of $0.56 per share, the stock yields 0.36%.

Key dates

  • WMS last dividend date: Feb 29, 2024
  • WMS next dividend date: Not announced
Peer dividends: DOV ITW
WMS dividend stats
DPS
$0.56
Dividend yield
0.36%
Payout ratio
8.8%
vs. Industrials sector
Dividend yield
1.43%
Payout ratio
30.1%

Dividend yield

What is Advanced Drainage Systems current dividend yield

WMS has a dividend yield of 0.36% which is lower than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 1.43%, Advanced Drainage Systems's dividend yield is 75% lower. The current dividend yield is less than the historical average of 0.6% of the last 5 years.

Dividend history

What is WMS dividend payout history and dates

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 17% since twelve months ago. However with the price of the stock up by 84% from a year ago, the dividend yield has a decrease of 37%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Feb 29, 2024 Mar 15, 2024 Feb 8, 2024 $0.14 normal
Nov 30, 2023 Dec 15, 2023 Nov 2, 2023 $0.14 normal
Aug 31, 2023 Sep 15, 2023 Aug 3, 2023 $0.14 normal
May 31, 2023 Jun 15, 2023 May 18, 2023 $0.14 normal
Feb 28, 2023 Mar 15, 2023 Feb 2, 2023 $0.12 normal
Nov 30, 2022 Dec 15, 2022 Nov 3, 2022 $0.12 normal
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

Advanced Drainage Systems dividend payout ratio

What is Advanced Drainage Systems dividend payout ratio compared to the sector

Payout ratio

WMS has a payout ratio of 8.8% which is lower than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 30.1%, Advanced Drainage Systems's payout ratio is 71% lower.

Total amount of dividends paid per financial year (from cash flow)

WMS dividend vs peer dividends

How does WMS dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
ITW Illinois Tool Works Inc 2.2% $5.51 56.4%
DOV DOVER Corp 1.2% $2.04 26.9%
WMS Advanced Drainage Systems Inc 0.36% $0.56 8.8%

Frequently asked questions

Does Advanced Drainage Systems pay a dividend?

Yes, Advanced Drainage Systems has paid four dividends in the last twelve months. WMS has been paying dividends since 2015.

When is Advanced Drainage Systems's next dividend?

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 May 2024.

When was WMS's last dividend?

Advanced Drainage Systems's last dividend ex-date was on Feb 29, 2024. The dividend amount was $0.14 per share.

How much dividend does Advanced Drainage Systems pay (per share)?

WMS has paid dividend of $0.56 per share in the last year.

What is Advanced Drainage Systems's dividend yield?

Advanced Drainage Systems's current dividend yield is 0.36%.

How often does Advanced Drainage Systems pay dividends?

Advanced Drainage Systems pays four dividends per year.

What is Advanced Drainage Systems's dividend payout ratio?

The dividend payout ratio of Advanced Drainage Systems is 8.8%.

Does Advanced Drainage Systems pay a good dividend?

Advanced Drainage Systems's dividend yield is less than the Industrials sector average.